Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 25 Jun 2018 My Price 3.00

Rosco Taxi Service

Brief Exercise 10-7 (Part Level Submission)

Rosco 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 no. 10 cost $30,000 and is expected to have a salvage value of $300. Taxi no. 10 is driven 28,000 miles in year 1 and 18,000 miles in year 2.

 

(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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Maurice Tutor
(5)
Status NEW Posted 25 Jun 2018 11:06 PM My Price 3.00

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