Ederly Quarry sells a wide variety of cut limestone for residential and commercial building construction. A recent

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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 100,000 tons of reserves.

(a) Estimate the cost depletion allowance for the next 5 years, using the projections made by the owner, John Ederly.

(b) Will the cost depletion in any of the 5 years be limited by law? Why or why not?

3 4 2 15 15 75 70 70 Year 4 5 Volume, 1000 tons 18 10 75 Price, $ per ton 85

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 05:16 AM

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Ederly Quarry sells a wide variety of cut limestone for residential and commercial building construction. A recent

Question:

3 4 2 15 15 75 70 70 Year 4 5 Volume, 1000 tons 18 10 75 Price, $ per ton 85

Step by Step Answer:

a CD t 2900000100 29000 per 1000 tons Annual cost depletion volu...View the full answer

Engineering Economy

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