Depreciation : Depreciation is the amount of decrease in the value of an asset within a set time period due to wear and tear of that particular asset. It helps in readjusting the actual cost of the particular asset on which the depreciation is applied. Units of Production depreciation method: This is a method of depreciation where the depreciation is not applied as straight line and is calculated with respect to the units that a particular asset produces. The amount of depreciation with respect to units of production depreciation method.

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Chapter 8, Problem 4QS

To determine

Depreciation:

Depreciation is the amount of decrease in the value of an asset within a set time period due to wear and tear of that particular asset. It helps in readjusting the actual cost of the particular asset on which the depreciation is applied.

Units of Production depreciation method:

This is a method of depreciation where the depreciation is not applied as straight line and is calculated with respect to the units that a particular asset produces.

The amount of depreciation with respect to units of production depreciation method.

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