54433 ÷ 8 = 6804 R1
Alright, let's work through the division of 54433 by 8 step by step.

Step 1:
8 goes into 5 0 times with a remainder of 5.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 5 to get 5.
Bring next digit (4) of the dividend behind the 5 and repeat the process: 54 / 8

Step 2:
8 goes into 54 6 times with a remainder of 6.
Write down 6 as next digit of of the result. 
Result so far: 6
Subtract 48 from 54 to get 6.
Bring next digit (4) of the dividend behind the 6 and repeat the process: 64 / 8

Step 3:
8 goes into 64 8 times with a remainder of 0.
Write down 8 as next digit of of the result. 
Result so far: 68
Subtract 64 from 64 to get 0.
Bring next digit (3) of the dividend behind the 0 and repeat the process: 3 / 8

Step 4:
8 goes into 3 0 times with a remainder of 3.
Write down 0 as next digit of of the result. 
Result so far: 680
Subtract 0 from 3 to get 3.
Bring next digit (3) of the dividend behind the 3 and repeat the process: 33 / 8

Step 5:
8 goes into 33 4 times with a remainder of 1.
Write down 4 as next digit of of the result. 
Result so far: 6804
Subtract 32 from 33 to get 1.

The final result is 6804 with a remainder of 1.