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  3. on july 1, 2020, blue spruce inc. invested $788,90

On July 1, 2020, Blue Spruce Inc. invested $788,900 in a mine estimated to have...

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Accounting

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On July 1, 2020, Blue Spruce Inc. invested $788,900 in a mine estimated to have 805,000 tons of ore of uniform grade. During the last 6 months of 2020, 131,000 tons of ore were mined. (21) Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit

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