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For MNO Corporation, calculate the following: Direct material cost for the month of June 2024: $80,000 Direct labor cost incurred during the same period: $60,000

For MNO Corporation, calculate the following:
•Direct material cost for the month of June 2024: $80,000
•Direct labor cost incurred during the same period: $60,000
•Total factory overheads allocated based on machine hours: $40,000
•Prepare a trial balance as of June 30, 2024.

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