accounting princple 1 Bramble Bus Lines uses the units-of-activity...

80.2K

Verified Solution

Question

Accounting

accounting princple 1 image
image
image
Bramble Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $189,320. Over its 7 -year useful life, the bus is expected to be driven 125,600 miles. Salvage value is expected to be $7,200. (a) Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit per mile Prepare a depreciation schedule assuming actual mileage was: 2022,27,600;2023,31,000;2024,40,000; and 2025, 27,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to 0 decimal places, eg. 5,275.) Prepare a depreciation schedule assuming actual mileage was: 2022,27,600;2023,31,000;2024,40,000; and 2025, 27,000. (Round cost per unit to 2 decimal places, eg, 15.25 and all other answers to 0 decimal places, eg. 5, 275.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students