To develop an oil well containing 2,000,000 barrels of oil required an initial investment of PhP 30,000,000.00. In a certain year, 400,000 barrels of oil were produced from this well. Determine the depletion charge during the year.

# Depletion Cost - The Unit of Factor Method

October 17, 2021 - 1:02am

#1
Depletion Cost - The Unit of Factor Method

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