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Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $273,346. Over
Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $273,346. Over its 4-year useful life, the bus is expected to be driven 163,300 miles. Salvage value is expected to be $8,800. Prepare a depreciation schedule assuming actual mileage was: 2022, 51,300; 2023, 37,000; 2024, 34,000; and 2025, 41,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) End of Year Depreciable Cost/Unit Annual Depreciation Expense Accumulated Depreciation Book Value = 1.62 $ 83106 $ 83106 $ 1.62 59940 1.62 55080 1.62 66420 Prepare a depreciation schedule assuming actual mileage was: 2022, 51,300; 2023, 37,000; 2024, 34,000; and 2025, 41,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) Computation Units of Activity Depreciable Cost/Unit Annual Depreciation Expense Accumul Deprecia Year = 2022 51,300 1.62 83106 $ 2023 37,000 1.62 59940 2024 34,000 1.62 55080 2025 41,000 1.62 66420
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