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Question 2 of 5 - / 0.5 View Policies Current Attempt in Progress Metlock Taxi Service uses the units-of-activity method in computing depreciation on its
Question 2 of 5 - / 0.5 View Policies Current Attempt in Progress Metlock Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 153,000 miles. Taxi 10 cost $32,000 and is expected to have a salvage value of $1,400. Taxi 10 was driven 30,800 miles in 2021 and 23,000 miles in 2022. (a 1) Calculate depreciable cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost $ per mile e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. Your answer is correct. Calculate depreciable cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost $ $ 0.20 per mile e Textbook and Media Attempts: 1 of 3 used (a2) Compute the depreciation for each year. Year 1 Year 2 Depreciation $ e Textbook and Media Save for later Attempts: 2 of 3 used Submit
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