Exercise 9 19 Whippet Bus Lines uses the units of activity method in depreciating its buses One bus was purchased on January 1, 2017, at a cost of $127,000 Over its 4 year useful life, the bus is expected to be driven 216,000 miles Salvage value is expected to be $8,200 Your answer is correct Compute the depreciation cost per unit (Round answer to 3 decimal places, e g 6 251) Depreciation cost per unit 0 55 SHOW SOLUTION LINK TO TEXT VIDEO APPLIED SKILLS Your answer is partially correct Try again Prepare a depreciation schedule assuming actual mileage was 2017, 50,800 2018, 66,040 2019, 52,070 and 2020, 34,290 (Round depreciation cost per unit to 3 decimal places, e g 0 125 and other answers to o decimal places, e g 125) Computation End of Year Years Units of Activity Depreciation Cost Unit Annual Depreciation Expense Accumulated Depreciation Book Value 2017 50800 0 55 27940 27940 99060 $ $ 2018 66040 0 55 36322 64262 62738 2019 52070 0 55 28639 92901 34099 x 2020 34290 0 55

Question

Exercise 9 19 Whippet Bus Lines uses the units of activity method in depreciating its buses  One bus was purchased on January 1, 2017, at a cost of $127,000  Over its 4 year useful life, the bus is expected to be driven 216,000 miles  Salvage value is expected to be $8,200  Your answer is correct  Compute the depreciation cost per unit  (Round answer to 3 decimal places, e g  6 251) Depreciation cost per unit 0 55 SHOW SOLUTION LINK TO TEXT VIDEO  APPLIED SKILLS Your answer is partially correct  Try again  Prepare a depreciation schedule assuming actual mileage was  2017, 50,800  2018, 66,040  2019, 52,070  and 2020, 34,290  (Round depreciation cost per unit to 3 decimal places, e g  0 125 and other answers to o decimal places, e g  125) Computation End of Year Years Units of Activity   Depreciation Cost Unit   Annual Depreciation Expense Accumulated Depreciation Book Value 2017 50800 0 55 27940 27940 99060 $ $ 2018 66040 0 55 36322 64262 62738 2019 52070 0 55 28639 92901 34099 x  2020 34290 0 55

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Exercise 9-19 Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of

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