Question: Swift Bus Lines uses the unit-of-activity method in depreciating its buses. One bus was puurchased on Jan 1, 2027, at a cost of $263,321. Over
Swift Bus Lines uses the unit-of-activity method in depreciating its buses. One bus was puurchased on Jan 1, 2027, at a cost of $263,321. Over its 6-year useful life, the bus is expected to be driven 174,300 miles. Salvage value is expected to be $7,100. Compute the depreciation cost per unit
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