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olya-2409 [2.1K]
3 years ago
8

Oriole Company purchased for $8,767,800 a mine that is estimated to have 48,710,000 tons of ore and no salvage value. In the fir

st year, 2,830,000 tons of ore are extracted. (a1) Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit $enter the depletion cost per ton amount in dollars per ton
Business
1 answer:
atroni [7]3 years ago
4 0

Answer:

the depletion cost per unit is $0.18 per ton

Explanation:

The computation of the depletion cost per unit is shown below;

We know that

Depletion cost per ton is

= (Total cost - salvage value) ÷ total estimated units

= ($8,767,800 - $0) ÷ 48,710,000

= $0.18 per ton

Hence, the depletion cost per unit is $0.18 per ton

we simply applied the above formula so that the depletion cost per ton could come

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Answer:

North American Industry Classification System (NAICS)

Explanation:

North American Industry Classification System (NAICS): It is a system or standard code been used in classifying business by the type of economic activity. These data been used by government and business of United sates, Mexico and Canada. This system make the measurement of industrial, reseller, and government markets easier. NAICS provides common industry definitions for Canada, Mexico, and the United States, which makes it easier to measure economic activity in the three member countries of the North American Free Trade Agreement (NAFTA). NAIC has replaced standard industrial classification (SIC) system, which was in place for 50 years.

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4 years ago
when comparing two alternative concepts to provide needed warfighting capabilities you discover that the life cycle cost of both
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4 years ago
Sarah and john are in a car accident. The accident occurs in North Carolina, Sarah is a resident of tennessee and john is a resi
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The states  that have jurisdiction over this case think Personal Jurisdiction is: North Carolina.

<h3> States  that have jurisdiction over the case</h3>

Based on the given scenario the states  that have jurisdiction over this case think Personal Jurisdiction is North Carolina because the  car accident happened in North Carolina.

Based on this North Carolina courts  will tend to  have subject matter jurisdiction over the cause of action.

In a situation were  Sarah files her claim in North Carolina  the courts will have personal jurisdiction over  John who is a resident of<em> South Carolina</em> because he committed a tort offence in North Carolina.

Therefore the states  that have jurisdiction over this case think Personal Jurisdiction is: North Carolina.

Learn more about  States  that have jurisdiction over the case here:brainly.com/question/12708857

#SPJ1

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2 years ago
How is the value of a product determine
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<span>The market value of a product is the price point that is generally accepted by seller and buyer




Hope this helps best of luck =]
</span>
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3 years ago
Read 2 more answers
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