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Prepare a depreciation schedule assuming acutal mileage was , 2022: 44,700 2023: 28,000 2024 24,000 ; and 2025: 37,000 Bridgeport Bus Lines uses the units-of-activity
Prepare a depreciation schedule assuming acutal mileage was , 2022: 44,700 2023: 28,000 2024 24,000 ; and 2025: 37,000 Bridgeport Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $195,380. Over its 5-year useful life, the bus is expected to be driven 133,700 miles. Salvage value is expected to be $8.200. (a) Compute the depreciable cost per unit. (Round answer to 2 decimal ploces, es. 0.50.) Depreciation cost per unit per mile Computation End of Year Annual \begin{tabular}{l} Depreciation Cost/Unit \\ \hline \end{tabular} 1.4 1.4 1.4 Depreciation Expense 62580$ Accumulated Book Value s
Prepare a depreciation schedule assuming acutal mileage was , 2022: 44,700 2023: 28,000 2024 24,000 ; and 2025: 37,000
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