What Is a Work Measurement?
The workload method refers to the method of calculating the depreciation amount based on the workload that can be provided by fixed assets. The workload can be the total mileage of the car, or the total work shifts, total working hours, etc. of the machinery and equipment. [1]
Workload method
- It is suitable for those fixed assets that have very different degrees of burden during use and provide uneven economic benefits.
- Depreciation method of fixed assets:
- 1. Calculate the depreciation according to the mileage. The calculation formula is as follows:
- Depreciation per unit mileage = original value × (1- estimated net residual value rate) ÷ total driving progress
- 2. Calculate depreciation based on working hours. The calculation formula is as follows:
- Depreciation amount per working hour = original value × (1-estimated net residual value rate) ÷ total working hours
- 3. Formula for calculating depreciation by shift
- Depreciation amount per shift = original value × (1- estimated net residual value rate) ÷ total number of shifts
- According to regulations, passenger, freight cars, large equipment and large
- One transportation car of an enterprise has an original value of 300,000 yuan, an estimated net residual value rate of 4%, and an estimated total mileage of 800,000 kilometers. The car is depreciated using the workload method. One month the car exercised 6000 kilometers. The unit depreciation of the car and the monthly depreciation are calculated as follows:
- Depreciation per unit workload = [300000 × (1-4%)] / 800000 = 0.36 (yuan / km)
- The monthly depreciation amount = 0.36 × 6000 = 2160 (yuan)