This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Interior Resources purchased land for 14,092,000, which their experts believe to contain 27.1 ... (Read 103 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
Interior Resources purchased land for 14,092,000, which their experts believe to contain 27.1 million tons of tar sands. It costs 3,143,000 to develop the property, whose residual value is estimated at 986,000. Determine the current year depletion expense if annual production amounted to 5,149,000 tons. (Round depletion cost per unit to the nearest cent)
 A) 2,471,520
  B) 3,089,400
  C) 2,831,950
  D) 3,398,340

Question 2

Calculate the trade discount amount of merchandise with a list price of 7,000 less trade discounts of 40/25/15.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

4,322.50


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
:D TYSM

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Resources related to safety Resources related to safety
Interior of The Pantheon Looking Up Into The Dome Interior of The Pantheon Looking Up Into The Dome
Energy Resources range from inexhaustible to nonrenewable Energy Resources range from inexhaustible to nonrenewable
Metallic Resources in the World Metallic Resources in the World
Resources from Rocks and Minerals Resources from Rocks and Minerals
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library