Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased...
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Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2022, at a cost of $224,158. Over its 4-year useful life, the bus is expected to be driven 153,800 miles. Salvage value is expected to be $7,300. (a) Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost per unit per mile Prepare a depreciation schedule assuming actual mileage was: 2022,25,800;2023,46,000;2024,39,000; and 2025, 43,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to 0 decimal places, e.g. 5,275 .) Prepare a depreciation schedule assuming actual mileage was: 2022, 25,800; 2023,46,000; 2024, 39,000; and 2025, 43,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)
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