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On July 12017 Friedman Inc invested $700520 in a mine estimated to have 844000 tons of ore of uniform grade During the last 6 months of 2017 134000 tons of ore were mined Calculate depletion

On July 1, 2017, Friedman Inc. invested $700,520 in a mine estimated to have 844,000 tons of ore of uniform grade. During the last 6 months of 2017, 134,000 tons of ore were mined. Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit

 

Mar 21 2020 View more View Less

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