Question: Current Attempt in Progress Oriole Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven

Current Attempt in Progress Oriole Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 166,000 miles. Taxi 10 cost $30,180 and is expected to have a salvage value of $300. Taxi 10 was driven 35,000 miles in 2024 and 31,600 miles in 2025. (a) Determine the depreciation cost per mile. (Round answer to 2 decimal places, eg. 1.25) Depreciable cost $ eTextbook and Media Save for Later per mile Attempts: 0 of 3 used Submit Answer

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