Question: Grouper Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $263,569. Over

$263,569. Over its 7 year useful life, the bus is expected to

Grouper Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $263,569. Over its 7 year useful life, the bus is expected to be driven 156,300 miles. Salvage value is expected to be $8,800. (a) Correct Answer Compute the depreciable cost per unit. (Round answer to 2 decimal places, eg. 0.50.) Depreciation cost per unit permile Prepare a depreciation schedule assuming actual mileage was: 2022, 27,300; 2023, 61,000; 2024, 43,000; and 2025,25,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to 0 decimal ploces, eg. 5,275.) Prepare a depreciation schedule assuming actual mileage was: 2022, 27,300; 2023, 61,000; 2024, 43,000; and 2025, 25,000. (Round cost per unit to 2 decimal places, es. 15.25 and oll other answers to 0 decimal places, eg. 5,275.)

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