19-37A (book/static) Qurbon Help Low Range produces feece jackets. The company es costing for its JIT production system Low Range has two inventory accounts Raw and Process incontory and Fred Goods inventory On March 2018, the account balances were award in Process Invertory, 59.000 Fished Goods Inventory 31,700. The standard cost of jacket is $40, composed of $12 din materiais plus 528 conversion costs Data for March's activities follow click the icon to view the data) Read the regte Requirement 1. What are the major features of a Jit production system such as that of town? Production des artanged in some worso Short setup times Broad employees Produits podralbach Close coordination with superstar ondervery of Color W. The Standard cost of a jacket is $40, composed of $12 direct materials plus $28 0 Data Table - X ures of a JIT production syy tained work cells 15,000 Number of jackets completed Number of jackets sold (on account, for $50 each) Direct materials purchased (on account) Conversion costs incurred 14,600 $ 177,500 $ 521.000 ure on-time delivery of defe Der in the input fields and Print Done Clear All Low Range produce the acts. The company los JIT costing for IT production system. Low Range has wo inventory account Raw and in Proos inventory and Fried Goods vertory On March 1 2018, the account balances were wand in Process Inventory 50,000 nied Goods Trentory St 700 The standard cost of a jacket 500 composed of 12 de materials plus 528 conversion costs Data for March's activities forlow Cack to sconto view the data) Read the quirements Requirement 2. Prepare summary journal arties for March Underalocated or overallocated conversion costs are dorest to Contes Goods Sous montrey. Peoord dobes fint, then coodiks. Eiclude reparatione trom jour entries Jouman the purchase of raw materials Date Accounts Debit Credit Mar 3010 Rawand in Process inventory Recent Poble 177.500 117.500 Low Range produces feece jackets The company is JIT cooling for suit production system Low Range has two inventory Raw and in Proos ventory and Fred Goods Invertory On Macht 2018, the account balances Ruwand in Process inventory 50,000 whed Goods Inventory, 51,700. The standard cost of a face 540composed of 12 direct mais plus convention costs Data for Maronis activities follow Click the icon to view the data) Read the recent Journalize the achial conversion concurred Date Accounts M. 2011 Conversion Costa Wage. Acum Depreciation Debat Credit