Question: On July 1 , 2 0 2 7 , Friedman Inc. invested $ 7 2 0 , 0 0 0 in a mine estimated to

On July 1,2027, Friedman Inc. invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the last 6 months of 2027,100,000 tons of ore were mined.
(a1)
Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g.0.50.)
Depletion cost per unit
On July 1,2027, Friedman Inc. invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the last 6 months of 2027,100,000 tons of ore were mined.
(a1)
Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g.0.50.)
Depletion cost per unit
On July 1 , 2 0 2 7 , Friedman Inc. invested $ 7

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