We look at the division of 547864 by 8 
Our goal is to divide 547864 by 8.

On to step 1:
When dividing 5 by 8, we get 0 with a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Bring next digit (4) of the dividend behind the 5 and repeat the process: 54 / 8

On to step 2:
When dividing 54 by 8, we get 6 with a remainder of 6.
The number 6 becomes the next digit in our result. 
Result so far: 6.0
If we take 48 away from 54, we end up with 6.
Include the next digit (7) from the dividend after 6, then repeat: 67 / 8

Step 3:
If we divide 67 by 8, we get 8 and a remainder of 3.
Put 8 as the next digit of the answer. 
Result so far: 68.0
The remainder is 3 after subtracting 64 from 67.
Include the next digit (8) from the dividend after 3, then repeat: 38 / 8

Moving on to step 4:
38 divided by 8 is 4 with a remainder of 6.
The number 4 becomes the next digit in our result. 
Result so far: 684.0
Deduct 32 from 38 and we're left with 6.
Grab the next digit (6) from the dividend, add it to 6, then carry on: 66 / 8

Moving on to step 5:
66 divided by 8 is 8 with a remainder of 2.
The next digit of our result is 8. 
Result so far: 6848.0
Subtract 64 from 66 to get 2.
Bring next digit (4) of the dividend behind the 2 and repeat the process: 24 / 8

Moving on to step 6:
8 goes into 24 3 times with a remainder of 0.
The number 3 becomes the next digit in our result. 
Result so far: 68483.0
If we take 24 away from 24, we end up with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Advancing to step 7:
8 goes into 0 0 times with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 68483.0
If we take 0 away from 0, we end up with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Moving on to step 8:
The number 8 fits into 0 0 times, leaving a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 68483.0
If we take 0 away from 0, we end up with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

In conclusion, the division gives 68483.0 with a balance of 0.0.