A coal mine was purchased a cost of P105,605,274,151B (1B is 1E9) and the estimated amount of coal that can be mined is 62,781,222M tonnes (1 tonne = 1000 kg). If the extraction rate per month is 460,558 tonnes. What is the depletion cost after the 8th year in pesos?
A coal mine was purchased a cost of P105,605,274,151B (1B is 1E9) and the estimated amount of coal that can be mined is 62,781,222M tonnes (1 tonne = 1000 kg). If the extraction rate per month is 460,558 tonnes. What is the depletion cost after the 8th year in pesos?
Chapter1: Making Economics Decisions
Section: Chapter Questions
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A coal mine was purchased a cost of P105,605,274,151B (1B is 1E9) and the estimated amount of coal that can be mined is 62,781,222M tonnes (1 tonne = 1000 kg). If the extraction rate per month is 460,558 tonnes. What is the depletion cost after the 8th year in pesos?
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