Question: Current Attempt in Progress Yello Bus Lines uses the units - of - activity method in depreciating its buses. One bus was purchased on January

Current Attempt in Progress
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 $148,000. Over its 4-year useful life, the bus is expected to be
driven 100,000 miles. Salvage value is expected to be $8,000.
(a)
Your answer is correct.
Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g.0.50.)
Depreciable cost per unit
$
per mile
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Attempts: 1 of 5 used
(b)
Prepare a depreciation schedule assuming actual mileage was: 2022,26,000; 2023,32,000;
2024,25,000; and 2025,17,000.(Round cost per unit to 2 decimal places, e.g.15.25 and all other
answers to 0 decimal places, e.g.5,275.)
Current Attempt in Progress Yello Bus Lines uses

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