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A coal mine cost $1010000 and Is estimated a whole 50,000 tons of coal there's no residual value during the first year of operations 4000
A coal mine cost $1010000 and Is estimated a whole 50,000 tons of coal there's no residual value during the first year of operations 4000 tons are extracted and sold calculate depletion per unit.
A. $20.20
B. $10.10
C. $15.15
D. $5.05
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
