Assume the following data for Eim Alex Company for the years 2019, 2020, and 2021. Lifting.(Production) Costs (excluding DD&A) Production bbl Year DD&A 2019 750,000 855,000 325,000 2020 685,000 787,000 297,000 2021 578,000 729,000 362,000 Compute the DD&A per BOE for 2019. O 2.6308 O 2.6380 O 2.3680 %24
Assume the following data for Eim Alex Company for the years 2019, 2020, and 2021. Lifting.(Production) Costs (excluding DD&A) Production bbl Year DD&A 2019 750,000 855,000 325,000 2020 685,000 787,000 297,000 2021 578,000 729,000 362,000 Compute the DD&A per BOE for 2019. O 2.6308 O 2.6380 O 2.3680 %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Assume the following data for Eim Alex Company for the years 2019, 2020, and 2021.
Year
Lifting.(Production) Costs (excluding DD&A)
DD&A
Production
bbl
2019
750,000
855,000
325,000
2020
685,000
787,000
297,000
2021
578,000
729,000
362,000
Compute the DD&A per BOE for 2019.
O 2.6308
2.6380
2.3680](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F36b4eda2-ba0e-42d2-9c19-93466d9d03e5%2F944ba36e-f684-4a4d-9fa5-f4cdb0c5c2e6%2Fkjlnbx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Assume the following data for Eim Alex Company for the years 2019, 2020, and 2021.
Year
Lifting.(Production) Costs (excluding DD&A)
DD&A
Production
bbl
2019
750,000
855,000
325,000
2020
685,000
787,000
297,000
2021
578,000
729,000
362,000
Compute the DD&A per BOE for 2019.
O 2.6308
2.6380
2.3680
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