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Oriole Taxi Service uses the units - of - activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 1
Oriole Taxi Service uses the unitsofactivity method in computing depreciation on its taxicabs. Each cab is expected to be
driven miles. Taxi cost $ and is expected to have a salvage value of $ Taxi was driven miles in
and miles in
a
Determine the depreciation cost per mile. Round answer to decimal places, eg
Depreciable cost
$
per mile
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