93501 ÷ 8 = 11687 R5
Alright, let's work through the division of 93501 by 8 step by step.

Step 1:
8 goes into 9 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 8 from 9 to get 1.
Bring next digit (3) of the dividend behind the 1 and repeat the process: 13 / 8

Step 2:
8 goes into 13 1 times with a remainder of 5.
Write down 1 as next digit of of the result. 
Result so far: 11
Subtract 8 from 13 to get 5.
Bring next digit (5) of the dividend behind the 5 and repeat the process: 55 / 8

Step 3:
8 goes into 55 6 times with a remainder of 7.
Write down 6 as next digit of of the result. 
Result so far: 116
Subtract 48 from 55 to get 7.
Bring next digit (0) of the dividend behind the 7 and repeat the process: 70 / 8

Step 4:
8 goes into 70 8 times with a remainder of 6.
Write down 8 as next digit of of the result. 
Result so far: 1168
Subtract 64 from 70 to get 6.
Bring next digit (1) of the dividend behind the 6 and repeat the process: 61 / 8

Step 5:
8 goes into 61 7 times with a remainder of 5.
Write down 7 as next digit of of the result. 
Result so far: 11687
Subtract 56 from 61 to get 5.

The final result is 11687 with a remainder of 5.