Calculate the depletion of the mining facilities


During 2012 Hecala changed its estimate of the total amount of ore originally in the mine from 800,000 to 1,000,00 tons. Briefly describe the accounting treatment the comp[any will employ to account for the change and calculate the depletion of the mining facilities and equipment for 2012 assuming Hecala extracted 150,000 tons of ore in 2012.

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Accounting Basics: Calculate the depletion of the mining facilities
Reference No:- TGS064536

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