Prepare a depreciation schedule assuming actual mileage was: 2022, 28,500; 2023, 49,000; 2024, 27,000; and 2025, 28,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) Computation Annual Depreciation Expense Units of Depreciable Accumu Year Activity Cost /Unit Depreci 2022 2$ 2$ 2$ 2023 2024 2025

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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For this question, the depreciable cost is $1.65.

(b)
Prepare a depreciation schedule assuming actual mileage was: 2022, 28,500; 2023, 49,000; 2024, 27,000; and 2025, 28,000.
(Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.)
Computation
Annual
Units of
Depreciable
Depreciation
Accumu
Year
Activity
Cost /Unit
Expense
Depreci
2022
$
$4
2023
2024
2025
%24
%24
Transcribed Image Text:(b) Prepare a depreciation schedule assuming actual mileage was: 2022, 28,500; 2023, 49,000; 2024, 27,000; and 2025, 28,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) Computation Annual Units of Depreciable Depreciation Accumu Year Activity Cost /Unit Expense Depreci 2022 $ $4 2023 2024 2025 %24 %24
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