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Using the following figures, calculate the depletion per unit. Total Cost: $1,200,000; Residual Value: $200,000; Total Units: 5,000,000 Select one: a. $0.04 b. $5.00 c.
Using the following figures, calculate the depletion per unit.
Total Cost: $1,200,000; Residual Value: $200,000; Total Units: 5,000,000
Select one:
a. $0.04
b. $5.00
c. $0.20
d. None of the available choices
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