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View Policies Current Attempt in Progress Swifty Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,

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View Policies Current Attempt in Progress Swifty Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $263,321. Over its 6-year useful life, the bus is expected to be driven 174,300 miles. Salvage value is expected to be $7,100. (a) Compute the depreciable cost per unit. (Round answer to 2 decimal places, eg. 0.50) Depreciation cost per unit $ per mile eTextbook and Media Save for Later Attempts: 0 of 10 used. Submit Answer

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