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ale4655 [162]
3 years ago
11

What is the name for the decrease in value of a fixed asset as it gets used and worn out over time?

Business
2 answers:
andre [41]3 years ago
8 0
Depreciation is the name
bonufazy [111]3 years ago
6 0

Answer:

Depreciation

Explanation:

This is the constant drop in the values of an asset over a given period of time.  With depreciation, the efficiency and effectiveness of such asset withers.

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Answer:  

  1. a. <u>Rent expense on factory building</u> = Factory overhead, because it is the factory building.
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  5. <u>e. Wages of assembly line personnel</u> = Direct Labor.
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  10. <u> j. Utilities incurred in the office</u> = Selling and administrative expense.
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true

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