Acoal mine was acquired for $2,000,000. no salvage value was expected, and the company expects to mine 2,000,000 tons of coal. during the first year, it mines and sells 220,000 tons of coal. the depletion expense is

The depletion expense of the coal mine can b calculated using the following formula:

Depletion expense for the year = (Cost of mine – Salvage value) * (Tons of coal sold in the year / Total Tons Capacity of the mine)

Given information:

Cost of mine = $2,000,000

Salvage value = 0

Tons of coal sold in the year = 220,000 tons

Total Tons Capacity of the mine = 2,000,000 tons

So, Depletion expense for the year = (2,000,000-0)*(220,000/2,000,000) = $220,000

Hence, the Depletion expense for the first year is $220,000

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

an important city to the south and the region's capital is c. kiev