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Monty Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 145,000 miles. Taxi 10 cost
Monty Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 145,000 miles. Taxi 10 cost $39,000 and is expected to have a salvage value of $1,300. Taxi 10 was driven 31,000 miles in 2021 and 21.000 miles in 2022. (a1) X Your answer is incorrect. Calculate depreciable cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost $ 13,520 per mile e Textbook and Media Save for Later Attempts: 2 of 3 used Submit Answer (a2)
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