Holds huge reserves of oil. Assume that at the end of 2017, TexAm Petroleum's cost of oil reserves totaled $ 260000000, representing 200 comma 000 comma 000 barrels of oil. Suppose TexAm Petroleum removed and sold 24 000000 barrels of oil during 2018. Journalize depletion expense for 2018.

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.