A(Part Level Submission) In recent years, Avery Tra for each bus, and various me

Question

A(Part Level Submission) In recent years, Avery Tra for each bus, and various methods were selected.Information concerning the bus Problem.9-3A(Part Problem 9-5A(Part Level Bus AcquiredCost Value n Years $ 98,600 8,000 234 (Part Leve 78,180 7,500 Exercise 10-2 Exercise 106 For the declining-balance method, the uses the double dediring rate For the usis of acivy mear 3 years were 2016, 26,500; 2017, 36,000; and 2018, 33,000 (al) Your answer is correct. Exersise 14:2 Exercise 14-3(Pat r Bus # 3, calculate depreciation expense per mile under units-of-activity method. (mond 0.62 per mile Deprecdation expense iew Score ew Results by Study ective sHoW SOLUTION LINK TO EX All Rights Reserved. A Division Ned

Explanation / Answer

Question (a -1) Calculated depreciation expense per mile under units of activity method Amount in $ Cost of the asset (Bus -3) 78180 Salevage Value (Bus -3) 7500 Depreciable Value(base value) (78180-7500) 70680 miles Expected to berun in life of Bus 3 =114000 Miles Depreciation Expense Per Mile for Bus -3 = Depreciable Value / Total miles =$70,680/114,000 =$0.62

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