they a e destroyed, at which time they will be charged to consumed in operations. b. c In the absence of reliable cost informtion, the value of equipment will be determined by appraisal at time of issue and time of turn-in. It is not contemplated that norma] depre- ciation wil] be rged to this ration For example, a truck appraised at $9,000.00 at the time of issue will be appraised at $9,000.00 at time of turn-in, provided it is serviceable. d- Net Capital Value: The net capital cost will be the totals of all charges to capital costs, less the credits. These eredits as mentioned before indicate either (a) consumed in operation or (b) return of serviceable capital items to stock. The cumulative total of net capital value at any given time during the operation will reflect the total value of all capital items assigned to the operation and still available for future use. c. Insofar as is practical for an organization of this type, the Cost Division will operate under the provisions of AFL 177=4, Department of the Air Fores, Title: Accounting, dated 12 June 1952, Under this system information will be available in sufficient detail for budgeting and management as well as to satisfy the requirements of JTF SEVEN and USAF. (1) A ng Records and Procedures: Ledgers will be (2) Accounting for Personnel: The procedure used tor costing military personnel expenses will be that out~ set up using 3 ‘ 6 manner set forth in Séction Ill of ATL 177-2. Procedure: outlined: lined in Par. 32, Section IV, AFL 177-4. This procedure provides for the use of time. sheets by each director or activity head, to record daily duty with the section. (3) the personnel on Accounting for mteriel, aircraft operation and main- tenance and other expenses will be essentially as set forth in Sections V, VI,.and IX of AFL 177-4. d. Reports: (1) Cumulative reports only of operating and capital costs will be submitted as of the end of each month to JIF. (2) A monthly Expense Summary will be submitted to ARDC as of the end of each month. TASK GROUP 7.4 OPRS ORDER NO. 1-53 ANNEX J oeeetnt® o o8