How does the Activity Method Depreciation Calculator work?
Calculates the following: Depreciable Base, Depreciation per Unit, Depreciation for Period
What formulas are used for Activity Method Depreciation?
Depreciable Base = Asset Cost - Salvage Value
Depreciation per Unit = Depreciable Base / Useful Units
Depreciation for Period = Number of Units Used in a Period Depreciation per Unit
What 3 concepts are covered in the Activity Method Depreciation Calculator?
asset
Resources of value in accounting. Land, Equipment, Cash are examples
depreciation
The reduction in value of an asset over time
salvage value
the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life.
