Question: Problem 9-2A (Part Level Submission) In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant

 Problem 9-2A (Part Level Submission) In recent years, Avery Transportation purchased

three used buses. Because of frequent turnover in the accounting department, a

Problem 9-2A (Part Level Submission) In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is summarized as follows Salvage Value Useful Life in Years 5 4 Depreciation Method Cost $97,700 123,000 81,220 Bus Acquired 2 3 $7,200 11,600 8,200 Straight-line Declining-balance Units-of-activity For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 121,700. Actual miles of use in the first 3 years were: 2014, 25,000; 2015, 31,400; and 2016, 29,600 (a1) Your answer is correct. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places,e.g.0.50.) Depreciation expense 0.6 per mile SHOW SOLUTIONSHOW ANSWER LINK TO TEXT

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