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Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $127,000. Over
Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $127,000. Over its 4-year useful life, the bus is expected to be driven 216,000 miles. Salvage value is expected to be $8,200.
(a)
Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251)
Depreciation cost per unit | $enter the depreciation cost per unit in dollars rounded to 3 decimal places |
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