Question: --------------------- 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 $307.780.

of $307.780. Over its 4-year useful life, the bus is expected to

---------------------

be driven 181,200 miles. Salvage value is expected to be $8,800. (a)

Your answer is correct. Compute the depreciable cost per unit. (Round answer

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 $307.780. Over its 4-year useful life, the bus is expected to be driven 181,200 miles. Salvage value is expected to be $8,800. (a) Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, es. 0.50.) Depreciable cost per unit $ 165 per mile Prepare a depreciation schedule assuming actual mileage was: 2022,51,200: 2023, 34,000, 2024, 52,000; and 2025, 44,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to O decimal places, eg. 5,275.) Computation Units of Activity Depreciable Cost/Unit Annual Depreciation Expense Accumul Deprecia Year 2022 2023 2024 2025 meciation schedule assuming actual mileage was: 2022, 51,200; 2023, 34,000: 2024.52,000; and 2025,44,000. unit to 2 decimal places, e.g. 15.25 and all other answers to decimal places, e.g. 5,275.) End of Year able Unit Annual Depreciation Expense Accumulated Depreciation Book Value $ $ Cheyenne Corp. purchased a new machine on October 1, 2022. at a cost of $131.000. The company estimated that the machine will have a salvage value of $18,500. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your answer is correct. Compute the depreciation expense under straight line method for 2022. 2022 Depreciation expense $ 5625 Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,900 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to O decimal places, eg. 2,125.) 2022 Depreciation expense $

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