Question: Rosco Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 148, 462 miles, Taxi no.

 Rosco Taxi Service uses the units-of-activity method in computing depreciation on

Rosco Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 148, 462 miles, Taxi no. no 10 cost $39,000 and is expected to have a salvage value of $400. Taxi no. 10 is driven 30, 610 miles in year 1 and 20, 500 miles in year 2. Calculate depreciation expense per mile using unit of activity method (Round answer to 2 decimal places, e.g. 0.50.) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. The parts of this question must be completed in order. This part will be available when you complete the part above

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