Problem 9-2A (Part Level Submission)

In recent years, Skysong Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is shown as follows.

Bus		Acquired		Cost		Salvage Value		Useful Life in Years		Depreciation Method
1		1/1/17		$ 95,800		$ 7,000		5		Straight-line
2		1/1/17		130,000		10,500		4		Declining-balance
3		1/1/18		83,660		7,500		5		Units-of-activity

For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 112,000. Actual miles of use in the first 3 years were 2018, 24,500; 2019, 36,000; and 2020, 32,500.

(a1)

For Bus #3, calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.)

Depreciable cost

$

per mile