Units of Production Depreciation - Learn the Easy Way

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Units of Production Depreciation is a really cool way to depreciate fixed assets. As opposed to using the useful life, you focus on units of measurement (ie miles, machine hours etc.) Zero depreciation is charged when the asset is idle for the whole period. Similar to Straight Line Method but it is different conceptually. I'll teach you how to master Units of Production depreciation through a comprehensive example where we'll cover:
-Various Costs included in the Asset
-How to Calculate Depreciation Expense (Units of Production Method)!
-How to Calculate Book Value!
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