Units-of-production Method
Units-of-production Method means:
a tax accounting method whereby a provision for depreciation is computed at a fixed rate per unit of product, based on an estimate of the total number of units the property will produce during its service life. This method is useful only when the total number of units of production can be accurately estimated.
See Depreciation in the United States Encyclopedia of Law and Depreciation in the World Encyclopedia of Law.
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