Manyong Park, owner of Taegu Supply Company in South Korea, which manufactures chopsticks for restaurants, has recently decided to implement a JIT costing system. Transactions (in South Korean won) for August are as follows: 

(a) Raw materials were purchased at the cost of W950,000. 

(b) All materials purchased were requisitioned for production. 

(c) Direct labor costs of W2,500,000 were incurred. 

(d) Actual factory overhead costs amounted to W6,000,000. 

(e) Applied conversion costs totaled W8,100,000. This included W2,500,000 of direct labor. 

(f) All units were completed. 

Required: 

Enter the August transactions into T-accounts. Label these entries by the identifying letters.