(Units of production depreciation) What is meant by units of production depreciation? What is a formula for computing the expense as production occurs? (Double declining balance depreciation) What is meant by double declining balance depreciation? What is the formula for computing the expense each period? (Double declining balance depreciation) This question deals with salvage value.
A. Does the formula for double declining balance contain a factor for salvage value?
B. How does an accountant using the double declining balance method of depreciation ensure that the asset is not depreciated so much that the book value becomes less than the salvage value?
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