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    Intermediate Accounting IFRS
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    Exam 11: Operational Assets: Utilization and Impairment
  5. Question
    Belotti Would Record Depletion in 2010 Of
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Belotti Would Record Depletion in 2010 Of

Question 66

Question 66

Multiple Choice

Belotti would record depletion in 2010 of:


A) $54,667.
B) $65,600.
C) $52,480.
D) $55,760.Depletion in 2010 = [($164,000 32,800) (8,000 + 12,000) ] = $6.56 per ton 8,000 = $52,480

Correct Answer:

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