Exercise 9-11 a1-a2, b (Video) On July 1, 2020, Pharoah Company invested $690,200 in a mine estimated to have 812,000 tons of ore of uniform grade. During the last 6 months of 2020, 125,000 tons of ore were mined. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per units SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare the journal entry to record depletion. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Dec. 31 Prepare the journal entry to record depletion. (crear account cities are automatically inaendea wnen amount is enterea. Do not ingent manually. Ir no entry is requirea, select "NO Entryror the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR EXERCISE Assume that the 125,000 tons of ore were mined, but only 88,000 units were sold. Indicate how are the costs applicable to the 37,000 unsold units reported? The costs pertaining to the unsold units are reported in as part of Exercise 9-14 During 2020, Bramble Corp. reported net sales of $3,117,400 and net income of $1,370,000. Its balance sheet reported average total assets of $1,430,000. Calculate the asset turnover. (Round answer to 2 decimal places, e.g. 1.25.) Asset turnovers times Click if you would like to Show Work for this question: Open Show Work