The unit-of-production method is similar to straight-line depreciation, except for one thing: instead of measuring depreciation using dollars, it measures it in units of production instead. Units of production can be anything: the number of labels printed

Straight line depreciation is the most commonly used and easiest method for allocating depreciation of an asset. With the straight line method, the annual depreciation expense equals the cost of the asset minus the salvage value, divided by the useful lif

The straight line depreciation method requires only that you determine the useful life of the asset, estimate salvage value, and calculate annual or even monthly depreciation expense.