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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There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed below. Assume the bar owner has the right to hire as many bands as she likes. Iftransaction costs were $90, split between the bar owner and the tenants, how manybands would play? What would social welfare be? A. Three bands would play and social welfare would be ‐100.B. Two bands would play and social welfare would be 75.C. Two bands would play and social welfare would be ‐15.D. No bands would play and social welfare would be 0.E. Three bands would play and social welfare would be ‐190
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Exercise: 01 Issue a promissory note: ⑴Amount ￡3,026.00 ⑵Date and place of issue 8/August/2009，Guangzhou, China ⑶Tenor At 90 days after date ⑷Maker Guangdong Imp. & Exp. Co., Guangzhou ⑸Payee Chemicals Import & Export Company London ⑴Drawer Thames Enterprises Ltd., London ⑵Drawee The National Westminster Bank Ltd., London ⑶Payee Philips Hong Kong ⑷Date and place of issue 07/01/2001，London ⑸Amount GBP79,014 Exercise: 02 Issue a check: