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solve all the parts On July 1, 2020. Riverbed AG invested CHE740, 160 in a mine estimated to have 771.000 tons of ore of uniform
solve all the parts
On July 1, 2020. Riverbed AG invested CHE740, 160 in a mine estimated to have 771.000 tons of ore of uniform grade. During the last 6 months of 2020, 104 000 tons of ore were mined Calculate depletion cost per unit. (Round answer to 2 decimal places, 63.0.50) Depletion cost per unit CHE Prepare the journal entry to record depletion. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Tities and Explanation Debit Credit Dec. 31 Assume that the 104.000 tons of ore were mined, but only 90,000 units were sold. How are the costs applicable to the 14.000 unsold units reported? Reported in Step by Step Solution
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