can someone please help me find the bus depreciation for this problem?
In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different
accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is
summarized as follows.
For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected
to be 120,400. Actual miles of use in the first 3 years were: 2013, 24,000; 2014, 32,900; and 2015, 29,700.
For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g.
Depreciation expense per
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Compute the amount of accumulated depreciation on each bus at December 31, 2014. (Round answers to 0 decimal places, e.g.
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If bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in 2012 and 2013? (Round answers
to 0 decimal places, e.g. $2,125.)
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