Solution-Calculate the depletion expense for the year

Calculate the depletion expense for the year

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Question 1: Based on the following information, calculate the depletion expense for the year.

Cost of timber $2,000

Estimated total units of resource 500 tons

Tons used during the year 15 tons

Option a. $60

Option b. $19

Option c. $30

Option d. $20

Reference no: EM132473684

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Calculate the depletion expense for the year

Reference no: EM132473684

Reference no: EM132473684

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