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Crane Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2025, at a cost of $105,000. Over
Crane Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2025, at a cost of $105,000. Over its 4-year useful life, the bus is expected to be driven 190,000 miles. Salvage value is expected to be $8,100. (a) Compute the depreciation cost per unit. (Round answer to 3 decimal ploces, es. 6. 251.) Prepare a depreciation schedule assuming actual mileage was 2025, 42,000; 2026, 54,600;2027, 43,000; and 2028, 50,400. (Round depreciation cost per unit to 3 decimal places, eg. 0.125 and other answers to 0 decimal places, eg. 125.) Prepare a depreciation schedule assuming actual mileage was 2025, 42,000; 2026, 54,600;2027,43,000; and 2028,50,400. (Round depreciation cost per unit to 3 decimal places, eg. 0.125 and other answers to 0 decimal places, eg. 125.)
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