Wildhorse Co. purchased for $8,460,900 a mine that is estimated to have 49,770,000 tons of ore and no salvage value. In the first year, 13,550,000 tons of ore are extracted. (a1) Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit $ eTextbook and Media List of Accounts Save for Later per ton Attempts: 0 of 3 used Submit Answer

Wildhorse Co. purchased for $8,460,900 a mine that is estimated to have 49.770,000 tons of ore and no salvage value. In the first year, 13,550,000 tons of ore are extracted. (a1) Calculate depletion cost per unit. (Round answer to 2 decimal ploces, e.g. 0.50.) Depletion cost per unit per ton eTextbook and Media List of Accounts Attempts: 0 of 3 used