Units-of-production method

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Units-of-production method is a depreciation method that is based on usage and not on time. An example of units of production is the numbers of shoes a machine could produce in its expected useful life.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Units-of-production method. A depreciation method that is based on usage and not on time. An example of units of production is the numbers of shoes a machine could produce in its expected useful life.

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