In recent years sonya transportation purchased three used

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In recent years, Sonya 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 below.

Bus
Acquired
Cost
Salvage
Value

Useful Life
in Years

Depreciation
Method
1
1/1/10
$ 117,400
$ 6,600
4
Straight-line
2
1/1/10
298,000
12,000
5
Declining-balance
3
1/1/11
84,030
9,000
4
Units-of-activity

For the declining-balance method, the company uses the double-declining rate. For the units-ofactivity method, total miles are expected to be 123,000. Actual miles of use in the first 3 years were: 2011, 24,800; 2012, 35,600 ; and 2013, 29,300 .

Calculate depreciation expense per mile under units-of-activity method.

Reference no: EM13376725

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