Homework Answers
5.
Depletion expense per ton = (Cost - Salvage value) /Total tons
= (1,003,000-0)/54,000
= 18.57 per cent
Depletion expense for first year
= 18.57 * 11,000
= 204,270
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requirement with the solution.
Thank you, have a wonderful day!
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Only need help with 5 - 8. I have 1 - 4 answered. thank
you,
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Please give clear details and explanations. Please label each
requirement with the solution.
Thank you, have a wonderful day!
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