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What the depletion rate per unit is

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Reference no: EM132696915

Problem 1: EasyGold Inc. has a natural resource with a total cost of $1,200,000 and a residual value of $200,000. It is expected to produce 5,000,000 units. The depletion rate per unit is:

Select one:

a. 20 cents per unit
b. 4 cents per unit
c. $2 per unit
d. 24 cents per unit

Reference no: EM132696915

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