96527 ÷ 8 = 12065 R7
Alright, let's work through the division of 96527 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 (6) of the dividend behind the 1 and repeat the process: 16 / 8

Step 2:
8 goes into 16 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 12
Subtract 16 from 16 to get 0.
Bring next digit (5) of the dividend behind the 0 and repeat the process: 5 / 8

Step 3:
8 goes into 5 0 times with a remainder of 5.
Write down 0 as next digit of of the result. 
Result so far: 120
Subtract 0 from 5 to get 5.
Bring next digit (2) of the dividend behind the 5 and repeat the process: 52 / 8

Step 4:
8 goes into 52 6 times with a remainder of 4.
Write down 6 as next digit of of the result. 
Result so far: 1206
Subtract 48 from 52 to get 4.
Bring next digit (7) of the dividend behind the 4 and repeat the process: 47 / 8

Step 5:
8 goes into 47 5 times with a remainder of 7.
Write down 5 as next digit of of the result. 
Result so far: 12065
Subtract 40 from 47 to get 7.

The final result is 12065 with a remainder of 7.