Exercise 9-7 (Part Level Submission) Tanger Company purchased a delivery truck for $35,700 on January...
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Exercise 9-7 (Part Level Submission) Tanger Company purchased a delivery truck for $35,700 on January 1, 2014. The truck has an expected salvage value of $5,000, and is expected to be driven 104,700 miles over its estimated useful life of 10 years. Actual miles driven were 13,300 in 2014 and 13,700 in 2015 (a) Calculate depreciable cost per unit. (Round answers to 2 decimal places, e.g. 0.50.) Depreciable cost per unit
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