Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. plz help me. problem 9-2a in recent years, windso

plz help me. Problem 9-2A In recent years, Windsor Transportation purchased three used buses....

60.1K

Verified Solution

Question

Accounting

imageimage plz help me.

Problem 9-2A In recent years, Windsor Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is shown as follows Salvage Useful Life in Years 4 Depreciation Bus Acquired Cost $ 96,400 118,000 Value $ 7,000 11,500 Method Straight-line Declining-balance Units-of-activity 80,600 8,000 4 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 110,000. Actual miles of use in the first 3 years were 2018, 26,500; 2019, 32,000; and 2020, 30,000 For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense 0.66 per mile LINK TO TEXT VIDEO: SIMILAR

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

According to the Carbon Cycle Diagram, the net annual increase in atmospheric carbon is 4Gigatons...

Biology
Q

Morton Company has two divisions. Sales, direct materials cost,direct labor cost, and manufacturing overhead...

Accounting
Q

Each of three supermarket chains in the Denver area claims to have the lowest overall prices....

Statistics
Q

One kilogram of air is taken through a constant volume cycle. At the commencement of the...

Mechanical Engineering
Q

10 Basic amino acids are positive negative at pH 7 and acidic R group amino...

Biology
Q

C 0 25 sec D 0 5 sec The maximum acceleration of a particle in...

Physics
Q

6 Markup 32 Selling Price 77 Rate of Markup 141 225 946 Find u An

Basic Math
Q

1. In your own words, explain the critical differences between service and manufacturing.

Accounting
Q

Los bombones pralins ms famosos de Nueva Orleans de la ta Sally venden bombones que...

Accounting
Q

The City of Lewistown had the following account balances in their Public Employee Retirement Fund...

Accounting
Q

4. Solve for the unknown values for each of following independent cases 5. Calculate the...

Accounting
Q

The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year....

Accounting