Which of the following is irrelevant in computing a machine's depreciation expense using the production method?
A)Actual units produced in a given period
B)Residual value
C)Estimated useful life in years
D)Estimated units produced over its life

Question

Quizplus · Accepted Answer

The production method of depreciation (also known as the units of production method) calculates depreciation based on the actual usage or production of the asset rather than the passage of time. Therefore, the estimated useful life in years (C) is irrelevant to this calculation, as it focuses on the actual units produced or the asset's usage.

Which of the Following Is Irrelevant in Computing a Machine's