Question: Blossom Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $130,000. Over

Blossom Bus Lines uses the units-of-activity method in depreciating its buses.

Blossom Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $130,000. Over its 4-year useful life, the bus is expected to be driven 210,000 miles. Salvage value is expected to be $8.200. Your answer is correct. Compute the depreciation cost per unit. (Round answer to 3 decimal places, eg. 6.251) Depreciation cost per unit $ 0.58 eTextbook and Media Your answer is partially correct. Prepare a depreciation schedule assuming actual mileage was: 2022, 52,000: 2023, 67,600:2024.53,300 and 2025, 37.100. (Round depreciation cost per unit to 3 decimal places, eg. 0.125 and other answers to decimal places, e.g. 125) Computation Years Units of Activity X Depreciation Cost/Unit Annual Depreciation Expense Accumula 2022 52500 $ 0.58 $ 30160 $ 2023 52500 0.58 39208 2024 52500 0.58 30914 2025 52500 0.58 21518

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