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All main topics / Accounting / General / Chapter 7
3
How does the Units of Production method to calculate depreciation work?
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The equipment's initial cost less its residual value is divided by the anticipated number of units the asset will produce over its useful life to determine the depreciation charge for a specific year. It's http://snakeio.io/ helpful. Then divide that result by the quantity of units (U) consumed this year.
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Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 31.03.2010

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