Question: Crane Taxi Service uses the units of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi 10

Crane Taxi Service uses the units of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 150,000 miles. Taxi 10 cost $33,300 and is expected to have a salvage value of $300. Taxi 10 was driven 36,000 miles in 2024 and 34,600 miles in 2025 . (a) Determine the depreciation cost per mile. (Round answer to 2 decimal places, es, 125) Depreciable cost permile eTextbook and Media Attempts: 0 of 3 used

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