Rabbitt Co.operates in a just-in-time (JIT) manufacturing environment. For June production, Rabbitt purchased 5,000 units of raw materials at $5.00 per unit on account. The journal entry required to record this transaction is: O Raw Materials Inventory Accounts Payable 25,000 25,000 O Cost of Goods Manufactured 25,000 Accounts Payable 25,000 Raw and In Process Inventory 25,000 Accounts Payable 25,000 O Finished Goods Accounts Payable 25.000 25,000