Examlex
A digital certificate system:
Units-of-production
A depreciation method that allocates the cost of an asset over its useful life based on the amount of production the asset is capable of.
Depreciation Expense
Assigning the price of a tangible asset across its operational life.
Produced Units
Refers to the number of units of a product that have been completed and are ready for sale during a specific period.
Extraordinary Repairs
Significant and infrequent repairs that extend the useful life of an asset beyond its original estimate.
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