Question: See below. Exercise 10-05 a-b Bramble Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at

See below.

See below. Exercise 10-05 a-b Bramble Bus Lines uses the units-of-activity method

Exercise 10-05 a-b Bramble Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $189,320. Over its 7-year useful life, the bus is expected to be driven 125,600 miles. Salvage value is expected to be $7,200. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit $ per mile LINK TO TEXT Prepare a depreciation schedule assuming actual mileage was: 2020, 27,600; 2021, 31,000; 2022, 40,000; and 2023, 27,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.) Computation End of Year Annual Units of Depreciation Depreciation Accumulated Book Year Activity Cost/Unit Expense Depreciation Value $ $ $ 2020 $ 2021 2022 2023

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