Question: 2. What additional arguments are added to the depreciation formulae when the straight-line model is changed to any other depreciation model? 1. residual value (salvage

2. What additional arguments are added to the depreciation formulae when the straight-line model is changed to any other depreciation model?

1. residual value (salvage value)

2. cost

3. useful life (estimated life)

4. period (year or period of time)

3. What budget should be prepared first?

1. effective

2. indirect production costs (overhead)

3. production 4. sales

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