How to calculate cost accounting time for large medical equipment

Large medical equipment costing time is calculated according to the useful life of the equipment. Specific steps are shown below:

1, first you need to determine the useful life of large medical equipment, which is generally given by the equipment manufacturer or a professional appraisal organization.

2, and then need to determine the total cost of the equipment, including the acquisition of the equipment itself, installation costs, transportation costs, insurance costs and other related costs.

3. Next, the annual depreciation expense of the equipment needs to be calculated. Depreciation expense can be calculated by dividing the total cost of the equipment by its useful life.

4. Finally, the total cost of the equipment is divided by the annual depreciation expense to get the costing time of the equipment.