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Question 37 Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost of
Question 37 Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost of $226,472. Over its 4-year usefu life, the bus is expected to be driven 139,600 miles. Salvage value is expected to be $7,300 Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50) Depreciation cost per unit Prepare a depreciation schedule assuming actual mileage was: 2019, 31,600; 2020, 37,000: 2021, 27,000; and 2022, 44,000. (Round cost per unit to 2 decimal per mile places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.) Computation End of Year Annual Depreciation Depreciation Accumulated Units of Book Value Year Activity x Cost /Unit Expense Depreciation 2019 2020 2021 2022 Question Attempts: 0 of 1 used 2000-2018 by John Wlay &Sona, ia or alatod companses nigha aerved
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