--%>
Assignment Help - homework help

Various methods for calculating depreciation

Mention out various methods for calculating depreciation?

E

Expert

Verified

Methods for calculating depreciation are illustrated below:

i) Production Unit Method

ii) Straight Line Method

iii) Written Down Value (or Reducing Balance) Method

iv) Method Joint Factor Rate Method

v) Production Hour

vi) Renewal Method

vii) Revaluation Method

   Related Questions in Accounting Basics

  • Q : Intermediate Accounting 2 I have

    I have reviewed the questions within the assignment and I am confused on how to read the financial statement (maybe because we did not cover this information within the class.) I understand the basics of financial statements and I understand the terms used within the questions, but I am not sure I a

    		•
  • Q : Explain the term system user account

    Explain the term system user account in brief?

    		•
  • Q : Advantages of using absorption costing

    Briefly illustrate out the advantages of using absorption costing system for computing the total cost of product.

    		•
  • Q : What account is salary outstanding What

    What account is salary outstanding? Is it real, personnel or nominal account

    		•
  • Q : Exit routes accessible to VCF Write

    Write down the exit routes accessible to VCF?

    		•
  • Q : Merrick Differential Piece Rate System

    Give a small introduction of the term ‘Merrick Differential Piece Rate System’?

    		•
  • Q : Component of overheads Write down the

    Write down the component of overheads?

    		•
  • Q : Introduction to account Hello, 1 have

    Hello, 1 have an assignment due in on the 20/03/20114 and I would like to know if it is possible to have it done and what the cost will be. I have attached the the assignment and an example of the report format it is suppose to be in.

    		•
  • Q : Answer Rs. Sales 2,40,000 Variable

    Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00

    		•
  • Q : Overhead cost Rusties Company recently

    Rusties Company recently implemented an activity-based costing system. At the beginning of the year, management made the following estimates of cost and activity in the company’s five activity cost pools: Activity Cost Pool Activity Measure Expected Overhead Cost Expected Activity Lab

    		•