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Current Attempt in Progress Blossom Taxi Service uses the units-of-activity method in computing depreciation...

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Accounting

Current Attempt in Progress
Blossom Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 140,000 miles. Taxi 10 cost $25,400 and is expected to have a salvage value of $200. Taxi 10 was driven 27,000 miles in 2024 and 30,000 miles in 2025.
(a)
Determine the depreciation cost per mile. (Round answer to 2 decimal places, e.g.1.25.)
Depreciable cost per mile
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