a-company-extracts-1000-units-from-a-resource-with-a-cost-per-unit-of-3-what-is-

Question

A company extracts 1,000 units from a resource with a cost per unit of $3. What is the depletion expense?

Accepted Answer

$3,000

Answer

$4,000

Answer

$1,000

Answer

$2,000

A company extracts 1,000 units from a resource with a cost per unit of \$3. What is the depletion expense?