This region of the country experiences cool and wet winters near the coast, is cool and dry inland, and features extreme cold and heavy snows in the mountains. Summer temperatures are cooler and dryer than much of the country.
A single-family residence has an actual age of 15 years, an estimated effective age of 10 years, and a remaining economic life of 30 years. The replacement cost is $83,500. A frame garage was added to the property ten years ago and has an effective age of 10 years with a remaining economic life of 15 years.The replacement cost is $15,500. The accrued depreciation for both main and accessory structures is: Effective age + remaining economic life = economic life of building. 2  Effective age/Economic life x Replacement Cost = Accrued Depreciation. 3  Effective age may or may not reflect actual age, since maintenance, upgrading, design, or other factors may affect the aging process.
Share. To maximize productivity, every company needs a sound production plan. However, effective planning is a complex process that covers a wide variety of activities to ensure that materials, equipment and human resources are available when and where they are needed.