Question: Grouper Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 142,000 miles. Taxi no. 10
Grouper Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 142,000 miles. Taxi no. 10 cost $44,100 and is expected to have a salvage value of $1,500. Taxi no. 10 was driven 35,800 miles in 2022 and 18,300 miles in 2023. (21) Your answer has been saved. See score details after the due date Calculate depreciation cost per mile using unit-of-activity method. (Round onswer to 2 decimal places, eg 0.50) Depreciationcost $ per mile (a2) Compute the depreciation for each year
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