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Pharoah Company purchased a delivery truck for $49,000 on January 1, 2022. The truck has an expected salvage value of $13,000, and is expected to
Pharoah Company purchased a delivery truck for $49,000 on January 1, 2022. The truck has an expected salvage value of $13,000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,300 in 2022 and 13,200 in 2023. (a 1) X Your answer is incorrect. Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost $ 900 per mile e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit
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