What do the following balances represent within the T-accounts noted below?

Raw Mat Finished Goods MOH

Beg 1,000 $5,000 End 25,000 70,000 65,000

65,000

What does the $65,000 represent in the Raw Materials T-account?

What is the journal entry for the $65,000?

The $25,000 located in the Finished Goods T-account was transferred from the WIP T-account, what does the balance represent and what is the corresponding journal entry?

What does the $70,000 represent in the MOH T-account?

What does the $65,000 represent in the MOH T-account?

What does the remaining balance in the MOH T-account tell you?