Units of Productivity/Activity Depreciation= (Cost - Salvage) / total units ...
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Accounting
| Units of Productivity/Activity Depreciation= (Cost - Salvage) / total units | |||||||||||||||
| Asset 1: | 2015 Ford F350 | Units | Yearly Depreciation | Monthly Depreciation | Depreciation Expense | 330 | |||||||||
| Asset Name: | Vehicles | Year 1 | 18000 | 0.22 | 3960 | 330 | Accumulated Depreciation | 330 | |||||||
| Cost | 24,000 | Year 2 | 21000 | 0.22 | 4620 | 385 | |||||||||
| Useful Life | 7 years | Year 3 | 15000 | 0.22 | 3300 | 275 | Final Balance Sheet Snippet | ||||||||
| Salvage Value | 2,000 | Year 4 | 12000 | 0.22 | 2640 | 220 | Ford F350 | 24000 | |||||||
| Units: Miles | 100,000 | Year 5 | 14000 | 0.22 | 3080 | 257 | Accumulated Depreciation | -22000 | Rounded, adjusted in final month | ||||||
| Year 6 | 16000 | 0.22 | 3520 | 293 | Net Book Value | 2000 | |||||||||
| Factor: | 0.22 | Year 7 | 4000 | 0.22 | 880 | 73 | adjust in final year | ||||||||
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