Question: Marigold Bus Lines uses the units-of-activity method in depreciating its buses, One bus was purchased on January 1, 2022; at a cost of $224,158. Over

 Marigold Bus Lines uses the units-of-activity method in depreciating its buses,
One bus was purchased on January 1, 2022; at a cost of

Marigold Bus Lines uses the units-of-activity method in depreciating its buses, One bus was purchased on January 1, 2022; at a cost of $224,158. Over its 8 year useful life, the bus is expected to be driven 153,800 miles. Salvage value is expected to be $7,300. (a) Compute the depreciable cost per unit (Round anwer to 2 decimal places, es. 0.50 ) Depreciation cost per unit permie eTextbook and Media Attempts: 0 of 1 used (b) Prepare a depreciation schedule assuming actual mileage was 2022, 25,800; 2023, 46,000; 2024,39,000; and 2025, 43,000 (Round cost per unit to 2 decimal places, es. 15.25 and all other answers to 0 decimal places, es. 5,275)

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