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Exercise 9-05 a-b (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020,
Exercise 9-05 a-b (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $232,049. Over its 4-year useful life, the bus is expected to be driven 158,900 miles. Salvage value is expected to be $8,000 Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50) Depreciation cost per unit Click if you would like to Show Work for this question: Open Show Work per mile
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