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part b plz Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost
part b plz
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 $240,418. Over its 4-year useful life, the bus is expected to be driven 147,400 miles. Salvage value is expected to be $9,000. (a) Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) $ 1.57 per mile Prepare a depreciation schedule assuming actual mileage was: 2022, 32,400; 2023, 39,000;2024, 50,000; and 2025, 26,000. (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, 32,400;2023, 39,000;2024, 50,000; and 2025, 26,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to 0 decimal places, eg. 5,275)Step by Step Solution
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