When the unit of production method of depreciation is used, which of the following best describes depreciation expense? Select one: a. Depreciation expense will vary directly with output. b. Depreciation rate per unit will vary directly with output. c. Depreciation expense will vary directly with sales. d. Depreciation rate per unit will vary directly with sales.
When the unit of production method of depreciation is used, which of the following best describes depreciation expense? Select one: a. Depreciation expense will vary directly with output. b. Depreciation rate per unit will vary directly with output. c. Depreciation expense will vary directly with sales. d. Depreciation rate per unit will vary directly with sales.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter5: Adjusting Entries And The Work Sheet
Section: Chapter Questions
Problem 2MC
Related questions
Question
When the unit of production method of depreciation is used, which of the following best describes depreciation expense?
Select one:
a. Depreciation expense will vary directly with output.
b. Depreciation rate per unit will vary directly with output.
c. Depreciation expense will vary directly with sales.
d. Depreciation rate per unit will vary directly with sales.
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