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The annual cost of _______________ may be determined independently or it may be linked up with the depreciated cost of the equipment by a certain fix percentage.

The annual cost of _______________ may be determined independently or it may be linked up with the depreciated cost of the equipment by a certain fix percentage. Correct Answer Maintenance and repairs

In any case, the cost allotted to maintenance and repairs should be at least efficient to keep the equipment in the work order. However, records of similar equipment may serve as a good guide for determining the average annual cost of maintenance and repairs.

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