Total cost 1200000 residual value 200000 total units


Question - Using the following figures, calculate the depletion per unit.

Total Cost: $1,200,000; Residual Value: $200,000; Total Units: 5,000,000

a. $0.04

b. $5.00

c. $0.20

d. None of the available choices

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Accounting Basics: Total cost 1200000 residual value 200000 total units
Reference No:- TGS02838224

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