Multiple Choice
A coal mine costs $1,008,000 and is estimated to hold 51,000 tonnes of coal.There is no residual value.10,000 tonnes are extracted and sold during the first year of operations.Calculate depletion per unit.
A) $19.76
B) $14.82
C) $9.88
D) $4.94
Correct Answer:
Verified
Correct Answer:
Verified
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