3 Requlred InformatlonEderly Quarry sells a wide variety of cut limestone for residential and commercial building construction. A recent quarryexpansion cost $2.9 million and added an estimated 130,000 tons of reserves.YearVolume, 1000 TonsPrice. $ per Ton123451091517187570708085Estimate the cost depletion allowance for the next 5 years, using the projections made by the owner, John Ederly.The cost depletion allowance for the next 5 years is estimated to be $ 15393200

One of the accounting systems that is used for allocating the costs of extracting natural resources…

Requlred Information Ederly Quarry sells a wide variety of cut limestone for residential and commercial building construction. A recent quarry expansion cost $2.9 million and added an estimated 130,000 tons of reserves. Year Volume, 1000 Tons Price. S per Ton 2 3 4 10 15 17 18 75 70 70 80 85 Estimate the cost depletion allowance for the next 5 years, using the projections made by the owner, John Ederly. The cost depletion allowance for the next 5 years is estimated to be $ 15393200

Requlred Information Ederly Quarry sells a wide variety of cut limestone for residential and commercial building construction. A recent quarry expansion cost $2.9 million and added an estimated 130,000 tons of reserves. Year Volume, 1000 Tons Price. S per Ton 2 3 4 10 15 17 18 75 70 70 80 85 Estimate the cost depletion allowance for the next 5 years, using the projections made by the owner, John Ederly. The cost depletion allowance for the next 5 years is estimated to be $ 15393200

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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