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Concord Bus Lines uses the units-of-activity method in depreciating its buse5. One bus was purchased on January 1, 2022, at a cost of $279,842. Over its 7-year useful life, the bus is expected to be driven 162,600 miles. Salvage value is expected to be $8,300. (a) Compute the depreciable cost per unit. (Round answer to 2 decimal ploces, eg. 0.50.) Depreciation cost per unit per mile Concord Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2022, at a cost of $279,842. Over its 7 -year useful life, the bus is expected to be driven 162,600 miles. Salvage value is expected to be $8,300. (a) (b) Prepare a depreciation schedule assuming actual mileage was: 2022, 40,600;2023, 42,000; 2024, 49,000; and 2025, 31,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to 0 decimal places, eg. 5.275.) Concord Bus Lines uses the units-of-activity method in depreciating its buses, One bus was purchased on January 1,2022 , at a cost of $279,842. Over its 7-year useful life, the bus is expected to be driven 162,600 miles. Salvage value is expected to be $8,300. (a) (b) Prepare a depreciation schedule assuming actual mileage was: 2022, 40,600;2023, 42,000;2024, 49,000; and 2025, 31,000. (Round cost per unit to 2 decimal places, eg. 15.25 and all other answers to 0 decimal places, eg. 5,275.)

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