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Compute the depreciable cost per unit

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Question - Sheffield Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $245,100. Over its 6-year useful life, the bus is expected to be driven 148,500 miles. Salvage value is expected to be $7,500. Compute the depreciable cost per unit.

Reference no: EM132720525

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