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answer needs to be rounded to a 2 decimal place Sheffield Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab
answer needs to be rounded to a 2 decimal place
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. (21) Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, es. 0.50) Depreciation cost $ per mile Save for Later Attempts: 0 of 1 used Submit Step by Step Solution
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