(Answered) Jayhawk bus lines uses the units-of-activity method in

Accounting

Jayhawk Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2014, at a cost of $100,000. Over its 4-year useful life, the bus is expected to be driven 160,000 miles. Salvage value is expected to be $8,000.

Compute the depreciation cost per unit. (Round answers to 3 decimal places, e.g. 6.251)

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