We're dividing 554878 by 8 
We want to figure out the number of times 554878 can be divided by 8.

Step 1:
When dividing 5 by 8, we get 0 with a remainder of 5.
Put 0 as the next digit of the answer. 
Result so far: 0.0
If we subtract 0 from 5, we get 5.
Include the next digit (5) from the dividend after 5, then repeat: 55 / 8

Step 2:
The number 8 fits into 55 6 times, leaving a remainder of 7.
The number 6 becomes the next digit in our result. 
Result so far: 6.0
The remainder is 7 after subtracting 48 from 55.
Append the next digit (4) from the dividend to 7 and continue with: 74 / 8

On to step 3:
8 can be fit into 74 9 times, resulting in a remainder of 2.
The number 9 becomes the next digit in our result. 
Result so far: 69.0
If we take 72 away from 74, we end up with 2.
Grab the next digit (8) from the dividend, add it to 2, then carry on: 28 / 8

On to step 4:
If we divide 28 by 8, we get 3 and a remainder of 4.
Put 3 as the next digit of the answer. 
Result so far: 693.0
If we subtract 24 from 28, we get 4.
Append the next digit (7) from the dividend to 4 and continue with: 47 / 8

Let's proceed to step 5:
47 divided by 8 is 5 with a remainder of 7.
The next digit of our result is 5. 
Result so far: 6935.0
Subtract 40 from 47 to get 7.
Append the next digit (8) from the dividend to 7 and continue with: 78 / 8

On to step 6:
The number 8 fits into 78 9 times, leaving a remainder of 6.
Write down 9 as next digit of the result. 
Result so far: 69359.0
If we take 72 away from 78, we end up with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Moving on to step 7:
If we divide 60 by 8, we get 7 and a remainder of 4.
The number 7 becomes the next digit in our result. 
Result so far: 69359.7
Deduct 56 from 60 and we're left with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Moving on to step 8:
8 can be fit into 40 5 times, resulting in a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 69359.75
Subtract 40 from 40 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 9:
0 divided by 8 is 0 with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 69359.75
Subtracting 0 from 0 leaves us 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.

Going ahead to step 10:
8 goes into 0 0 times with a remainder of 0.
The next digit of our result is 0. 
Result so far: 69359.75
Deduct 0 from 0 and we're left 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.

The final result is 69359.75 with a remainder of 0.0.