COST ACCOUNTING
BREAK EVEN POINT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Choose the formula to calculate the Depreciation Expense
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Cost-Disposal Value = Total Depreciation ÷ Lifetime = Depreciation Expense
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Cost + Disposal Value = Total Depreciation ÷ Lifetime = Depreciation Expense
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Cost-Disposal Value = Total Depreciation * Lifetime = Depreciation Expense
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Explanation:
Detailed explanation-1: -The four methods for calculating depreciation allowable under GAAP include straight-line, declining balance, sum-of-the-years’ digits, and units of production.
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