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Hi,
Chapter 16 BUGETING, could you please tell me what should I do if in Example 3,
Overheads second months February 15000 includes depreciation 3000.
So is the final answer suppose to include the depreciation, or should I subtract it. 15000-3000 or 15000+3000?Thank you
MartinaDepreciation is not a cash flow and so to arrive at the cash paid we would need to subtract the depreciation from the overhead amount.
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