Question: Concord Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $307,780. Over

Concord Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $307,780. Over its 6-year useful life, the bus is expected to be driven 181,200 miles. Salvage value is expected to be $8,800. (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 1 used Submit Answer (b) Prepare a depreciation schedule assuming actual mileage was: 2022, 51,200; 2023, 34,000; 2024, 52,000; and 2025, 44,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to O decimal places, eg. 5,275.) Computation Units of Year Activity Depreciation Cost/Unit Annual Depreciation Accumulate Expense Depreciatic 2022 $ 2023 2024 2025 eTextbook and Media

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