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https://www.accountingcoach.com/blog/depreciation-delivery-trucks-period-cost
The depreciation on the trucks used to deliver products to customers is a period cost. The depreciation on delivery trucks will be reported as an expense on the income statement in the period in which it occurs. It might be reported as part of Selling Expenses or as part of Selling, General and Administrative (SG&A) Expenses.
https://specialties.bayt.com/en/specialties/q/60946/in-accounting-is-the-depreciation-of-delivery-trucks-a-period-cost-or-is-it-manufacturing-overhead/
Well, depreciation of a delivery truck is a period cost and it does accounting in Statement of Financial Performance under the umbrella of Selling & Distribution Expense but when the truck is used to performing goods in house at factory level then depreciation will be accounting as a factory overhead to consider the value added in Work- In- Process.
https://www.thetaxadviser.com/issues/2015/feb/tax-trends-01.html
For example, in 2014, the Sec. 280F limit for trucks and vans that are subject to the passenger automobile limits is $3,460, so the combined Sec. 179 expense and regular depreciation deductions for a truck or van purchased in 2014 cannot exceed $3,460.
https://www.taxconnections.com/taxblog/2018-car-and-truck-depreciation-limits/
Apr 18, 2018 · For passenger automobiles, including trucks or vans under 6,000 GVW, placed in service during the calendar year 2018, the depreciation limit adjustment under Sec. 280F(d)(7) is $18,000 for the first tax year, including bonus depreciation or $10,000 if bonus depreciation does not apply. This is the value of qualifying for “Bonus Depreciation”.Phone: (858) 999-0053
https://fitsmallbusiness.com/car-depreciation-deduction/
Jan 07, 2019 · In 2018, first-year car depreciation is limited to $25,000 if using Section 179 for heavy trucks and SUVs weighing more than 6,000 pounds; $18,000 if using the special depreciation allowance; or $10,000 if using MACRS or Section 179 for passenger cars and light trucks.
https://www.microsoft.com/en-us/microsoft-365/growth-center/resources/section-179-vehicles-deduction
Jun 22, 2017 · The annual limits on vehicle depreciation don’t apply to trucks, vans, and SUVs built on a truck chassis that are weight-rated by the manufacturer at more then 6,000 pounds gross loaded vehicle weight. This means that owners of such vehicles can take full advantage of two great tax deductions: Bonus depreciation, and; Section 179
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