Difference between revisions of "Units-of-production method"

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Revision as of 10:46, 20 December 2018

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.

Related concepts

Related coursework