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Question 4 of 10 -3 Current Attempt in Progress Pina Colada Taxi Service...

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Accounting

Question 4 of 10
-3
Current Attempt in Progress
Pina Colada 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 no.10 cost $63,200 and is expected to have a salvage value of $2,000. Taxino. 10 was driven 35,300 miles in 2022 and 20,400 miles in 2023.
(a1)
Calculate depreciation cost per mile using unit-of-activity method. (Round answer to 2 decimal places, e.g.0.50.)
Depreciation cost
$ per mile
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