Question: CHAPTER 9 Poge 35 EXERCISE 9-19 Compute Depreciation Under Units-of-Activity Method (a)Compute depreciation cost per unit (keep 3 decimal places) (b) Depreciation schedule End of
CHAPTER 9 Poge 35 EXERCISE 9-19 Compute Depreciation Under Units-of-Activity Method (a)Compute depreciation cost per unit (keep 3 decimal places) (b) Depreciation schedule End of Year Year 2017 2018 2019 2020 Depreciation Computation Expense DepreciationBook Value Check figure: Book value at end of 2018- $47,100 PROBLEM 9-9A Compute Depreciation Under Different Methods (a) Straight-Line Method: End of Year Year 2017 2018 2019 2020 Expense iation Book Value Check figure: Book value at end of 2018 $140,000 Continued on following page Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $100,000. Over its 4-year useful life, the bus is expected to be driven 160,000 miles. Salvage value is expected to be $8,000. Instructions E9-19 (a) Compute the depreciation cost per unit. (b) Prepare a depreciation schedule assuming actual mileage was: 2017, 40.000, 2018, 52.000 2019, 41,000; and 2020, 27,000
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