Question: Exercise 9-05 a-b (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020,

 Exercise 9-05 a-b (Part Level Submission) Yello Bus Lines uses the

Exercise 9-05 a-b (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $299,818. Over its 4- year useful life, the bus is expected to be driven 190,600 miles. Salvage value is expected to be $8,200. (a) Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit 1.53 per mile SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 2 of 2 used (b) Prepare a depreciation schedule assuming actual mileage was: 2020, 48,600; 2021, 55,000; 2022, 51,000; and 2023, 36,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.) Computation End of Year Units of Activity Book Annual Depreciation Expense Depreciation Cost/Unit Accumulated Depreciation Year Value 2020 $ $ $ 2021 2022 2023

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