Question: Pharoah Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2025, at a cost of $125,000. Over

Pharoah Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2025, at a cost of $125,000. Over its 4-year useful life, the bus is expected to be driven 212,000 miles. Salvage value is expected to be $8,400. (a) Compute the depreciation cost per unit. (Round answer to 3 decimal places, es. 6.251) Depreciation cost per unit declmal ploces, es: 1253

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