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Units-Of-Production
A depreciation method that allocates cost based on the units produced by an asset over its useful life.
Depreciation Method
A systematic approach used to reduce the carrying amount of a tangible or intangible asset over its useful life.
Level Of Use
Level of use refers to the degree or extent to which a resource, service, or facility is utilized.
Salvage Value
The estimated residual value of an asset at the end of its useful life.
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