Question: Sheffield Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 152,000 miles. Taxi no. 10

Sheffield Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 152,000 miles. Taxi no. 10 cost $49.520 and is expected to have a salvage value of $2,400 Taxi no. 10 was driven 35,200 miles in 2022 and 25 300 miles in 2023. (a1) Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, eg: 0.50.) Depreciation cost $ per mile Save for later Attempts: 0 of 1 used Submit

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