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Yello Bus Lines uses the units-of-activity method in depreciating its buses One bus was purchased on January 1 2015 at a cost of $236666 Over its 7-year useful life the bus is expected

Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2015, at a cost of $236,666. Over its 7-year useful life, the bus is expected to be driven 144,400 miles. Salvage value is expected to be $7,070.

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Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January

Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January Collapse question part

(a)

Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January Correct answer. Your answer is correct.
   
Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.)
Depreciation cost per unit   $Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January Entry field with correct answer1.59

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Attempts: 1 of 2 used  
Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January

Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January Collapse question part

(b)

Prepare a depreciation schedule assuming actual mileage was: 2015, 38,100; 2016, 42,200; 2017, 36,200; and 2018, 27,900. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)

Computation

     

End of Year



Year

 


Units of
Activity

Af—


Depreciation
Cost/Unit

=

Annual
Depreciation
Expense

 


Accumulated
Depreciation

 


Book
Value

2015   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   $Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   $Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   $Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   $Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
2016   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
2017   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January
2018   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January   Image for Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January

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Show transcribed image text Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2015, at a cost of $236,666. Over its 7-year useful life, the bus is expected to be driven 144,400 miles. Salvage value is expected to be $7,070. Warning Don't show me this message again for the assignment Ok Cancel Warning Don't show me this message again for the assignment Ok Cancel 2018 2017 2016 $ $ $ $ (b) Prepare a depreciation schedule assuming actual mileage was: 2015, 38,100; 2016, 42,200; 2017, 36,200; and 2018, 27,900. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.) Computation End of Year Year Units of Activity A???? Depreciation Cost/Unit = Annual Depreciation Expense Accumulated Depreciation Book Value 2015 1.59 Warning Don't show me this message again for the assignment Ok Cancel Link to Text Attempts: 1 of 2 used Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit $ (a)

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