Which of the following depreciation methods allocates a fixed amount of depreciation to miles driven,hours used,or some other measure of the asset's utilization?

Question

Quizplus · Accepted Answer

The units-of-production method calculates depreciation based on how much the asset is used, such as miles driven or hours used. Therefore, it allocates a fixed amount of depreciation based on the asset's utilization.

Which of the Following Depreciation Methods Allocates a Fixed Amount