Ivanhoe Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on...
Crane Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $119,000. Over its 4-year useful life, the bus is expected to be driven 210,000 miles. Salvage value is expected to be $7,700. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $ eTextbook and Media Prepare a depreciation schedule assuming actual mileage was: 2022, 47,600; 2023, 61,000: 2024,...
if you could also show how to do the years 2024 and 2025 Ivanhoe Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $140,000. Over its 4-year useful life, the bus is expected to be driven 240,000 miles. Salvage value is expected to be $9,200. . Your answer is incorrect. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per...
Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $100,000. Over its 4-year useful life, the bus is expected to be driven 160,000 miles. Salvage value is expected to be $8,000. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation Cost per Unit = $ Prepare a depreciation schedule assuming actual mileage was: 2022, 40,000; 2023, 52,000; 2024, 41,000; and...
Blossom Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $117,000. Over its 4-year useful life, the bus is expected to be driven 210,000 miles. Salvage value is expected to be $7,800. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $enter the depreciation cost per unit in dollars rounded to 3 decimal places Prepare a depreciation schedule...
Swifty Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, 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. Prepare a depreciation schedule assuming actual mileage was: 2020, 46,300; 2021, 45,000; 2022, 48,000; and 2023, 35,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places,...
Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $145,000. Over its 4-year useful life, the bus is expected to be driven 245,000 miles. Salvage value is expected to be $7,800. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $Type your answer here eTextbook and Media Prepare a depreciation schedule assuming actual mileage was: 2017, 58,000;...
Wildhorse Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $129,000. Over its 4-year useful life, the bus is expected to be driven 216,250 miles. Salvage value is expected to be $7,900. 1. Compute the depreciation cost per unit. 2. Prepare a depreciation schedule assuming actual mileage was: 2022, 51,600; 2023, 67,000; 2024, 52,800; and 2025, 44,850.
Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $126,000. Over its 4-year useful life, the bus is expected to be driven 210,000 miles. Salvage value is expected to be $8,400. Compute the depreciation cost per unit. (Round answer to 3 decimal places, es, 6.251) Depreciation cost per units eTextbook and Media Prepare a depreciation schedule assuming actual mileage was: 2017, 50,400: 2018, 65,520:2019,51,660; and 2020,...
Need Help with accumulated depreciation and book value! Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2022, at a cost of $100,000. Over its 4-year useful life, the bus is expected to be driven 160,000 miles. Salvage value is expected to be $8,000. Your answer is correct. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $ 575 eTextbook and Media Your...
Exercise 9-05 a-b Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $148,000. Over its 4-year useful life, the bus is expected to be driven 100,000 miles. Salvage value is expected to be $8,000. Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit per mile Your answer is partially correct. Try again. Prepare...