Question: View Policies Current Attempt in Progress Yello Bus Lines uses the units - of - activity method in depreciating its buses. One bus was purchased

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Current Attempt in Progress
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 \(\$ 232,049\). Over its 4-year useful life, the bus is expected to be driven 158,900 miles. Salvage value is expected to be \(\$ 8,000\).
(a)
Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g.0.50.)
Depreciable cost per unit
\$
per mile
Attempts: 0 of 1 used
(b)
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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 \(\$ 232,049\). Over its 4-year useful life, the bus is expected to be driven 158,900 miles. Salvage value is expected to be \(\$ 8,000\).
(a)
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Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g.0.50.)
Depreciable cost per unit
\$
per mile
(b)
Prepare a depreciation schedule assuming actual mileage was: 2022,35,900; 2023,29,000; 2024,51,000; and 2025,43,000.(Round cost per unit to 2 decimal places, e.g.15.25 and all other answers to 0 decimal places, e.g.5,275.)
View Policies Current Attempt in Progress Yello

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