Question: Question 11 Speedy Taxi Service uses the units-of-production method in calculating depreciation on its taxicabs. Each cab is expected to be driven 552,000 km. Taxi

Question 11 Speedy Taxi Service uses the units-of-production method in calculating depreciation on its taxicabs. Each cab is expected to be driven 552,000 km. Taxi 10 cost $44,442 and is expected to have a residual value of $5,250. Taxi 10 is driven 90,000 km in 2020, and 136,000 km in 2021. (a) Calculate the depreciable amount per kilometre. (Round depreciable amount per unit to 3 decimal places, e.g. 5.276.) Depreciable cost per kilometre /km. (b) Calculate the depreciation expense for 2020 and 2021. Depreciation - 2020 Depreciation - 2021 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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