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In recent years, Swifty Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant was in charge of selecting
In recent years, Swifty Transportation purchased three used buses. Because of frequent turnover in the accounting department, a
different accountant was in charge of selecting the depreciation method for each bus, and various methods have been used.
Information concerning the buses is summarized in the table below.
For the decliningbalance method, the company uses the doubledeclining rate. For the unitsofactivity method, total miles are
expected to be Actual miles of use in the first years were ; ; and
a
For Bus # calculate depreciation expense per mile under unitsofactivity method. Round answer to decimal places, eg
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