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 $233,839.

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 $233,839.

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 $233,839. Over its 4-year useful life, the bus is expected to be driven 139,900 miles. Salvage value is expected to be $8,600. (a) Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) (b). Depreciable cost per unit eTextbook and Media 1.61 per mile Attempts: 1 of 5 used Prepare a depreciation schedule assuming actual mileage was: 2022, 34,900; 2023, 28,000; 2024, 40,000; and 2025, 37,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) Units of Year Activity 2022 2023 2024 2025 Computation Depreciable Cost/Unit Annual Depreciation Expense Accumulat Depreciati eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer

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