Question: Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2025, at a cost of $127,000. Over its

Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2025, at a cost of $127,000. Over its 4 year useful life, the bus is expected to be driven 216,000 miles. Salvage value is expected to be $8,200. (a) Your answer is correct. Compute the depreciation cost per unit. (Round answer to 3 decimal places, es. 6.251.) Deprechationcost per unit Prepare a depreciation schedule assuming actual mileage was 2025,50,800;2026,66,000;2027,52,000; and 2028, 47,200. (Round depreciation cost per unit to 3 decimal places, es. 0.125 and other answers to 0 declmal places, es. 125.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $127.000. Over its 4-year useful life, the bus is expected to be...

Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $127,000. Over its 4-year useful life, the bus is expected to be...

ter 9 Homework Assignment (Due Friday, November 6, 2020) Question 5 of 9 0.5/13 Current Attempt in Progress Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was...

Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $147,000. Over its 4-year useful life, the bus is expected to be...

Sunland Bus Lines uses the units - of - activity method in depreciating its buses. One bus was purchased on January 1 , 2 0 2 5 , at a cost of ( b ) Prepare a depreciation schedule assuming actual...

please explain 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...

1. Blue Spruce Corp. purchased a new machine on October 1, 2019, at a cost of $134,000. The company estimated that the machine will have a salvage value of $20,000. The machine is expected to be used...

Crane Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $131,000. Over its 4-year useful life, the bus is expected to be...

Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $ 148,000. Over its 4-year useful life, the bus is expected to be...

Stine Corporation produces a filter that has a per unit cost of $17. The company would like a 30% markup. Using cost-plus pricing, determine the per unit selling price.

Determine the tangential and centripetal components of the net force exerted on the car (by the ground) in Example 5-8 when its speed is 15m/s. The cars mass is 1100kg.

FASB rules say that companies recognize restructuring charges As soon as business conditions make it more likely than not that a company will need to restructure As soon as business conditions make...

AbnerCorporation's bonds mature in22 years and pay11 percent interest annually. If you purchase the bonds for$1,200, what is your yield tomaturity? Your yield to maturity on the Abner bonds...

Compare the advantages and disadvantages of external recruitment.

Describe the typical steps in the selection process.

Discuss the different methods and types of questions for conducting an employment interview.