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Josephs, a popular pizza hang-out, has a thriving delivery business. Josephs has a fleet of three delivery automobiles. The company uses the units-of-activity method of

Josephs, a popular pizza hang-out, has a thriving delivery business. Josephs has a fleet of three delivery automobiles. The company uses the units-of-activity method of depreciation. Prior to making the entry for this year's depreciation expense, the subsidiary ledger for the fleet is as follows:

Car

Cost

Salvage Value

Estimated Life in Miles

Accumulated Depr.Beg. of the Year

Miles Operated During Year

1

$21,500 $2,000 78,000 $2,510 20,700

2

17,920 2,800 56,000 2,390 22,500

3

25,220 2,900 72,000 2,700 19,500

(a)

Determine the depreciation rates per mile for each car. (Round answers to 2 decimal places, e.g. 0.25.)

Car 1

$enter a dollar amount per mile rounded to 2 decimal places per mile

Car 2

$enter a dollar amount per mile rounded to 2 decimal places per mile

Car 3

$enter a dollar amount per mile rounded to 2 decimal places per mile

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