Question: Exercise 9-19 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

Exercise 9-19 Whippet Bus Lines uses the units-of-activity method in depreciating

Exercise 9-19 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 $129,000. Over its 4-year useful life, the bus is expected to be driven 216,250 miles. Salvage value is expected to be $7,900 Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit s LINK TO TEXT VIDEO: APPLIED SKILLS Prepare a depreciation schedule assuming actual mileage was: 2017, 51,600; 2018, 67,080; 2019, 52,890; and 2020, 34,830. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to O decimal places, e.g. 125) Computation End of Year Years 2017 2018 2019 2020 Units of Activity Depreciation Cost/unit-Annual Depreciation Expense Accumulated Depreciation Book Value LINK TO TEXT VIDEO: APPLIED SKILLS

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