A company uses the units-of-output method of computing depreciation on its fleet of cars. A car that costs $44,800 is expected to have a useful life of 85,000 miles and an expected salvage value of $4,000. The rate for each mile is. Multiple Choice $0.48 $0.53 $1.90 $2.08

A company uses the units-of-output method of computing depreciation on its ficet of cars, A car that costs $44,800 is expected to have a useful life of 85,000 miles and an expected solvage value of $4,000. The rate for each mile is Mutple Choice 5048 50.53 $190 52.08