Pharoah Interiors purchased a delivery truck for R$34,000 on January 1, 2020. The truck has an expected residual value of R$3,100, and is expected to be driven 103,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,100 in 2020 and 11,700 in 2021. Calculate depreciable cost per unit. (Round answers to 2 decimal places, eg. 0.50.) Depreciable cost per unit R$ per mile

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter11: Long-term Assets
Section: Chapter Questions
Problem 3EA: Montello Inc. purchases a delivery truck for $15,000. The truck has a salvage value of $3,000 and is...
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Pharoah Interiors purchased a delivery truck for R$34,000 on January 1, 2020. The truck has an expected residual value of
R$3,100, and is expected to be driven 103,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,100 in
2020 and 11,700 in 2021.
Calculate depreciable cost per unit. (Round answers to 2 decimal places, eg. 0.50.)
Depreciable cost per unit
R$
per mile
Transcribed Image Text:Pharoah Interiors purchased a delivery truck for R$34,000 on January 1, 2020. The truck has an expected residual value of R$3,100, and is expected to be driven 103,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,100 in 2020 and 11,700 in 2021. Calculate depreciable cost per unit. (Round answers to 2 decimal places, eg. 0.50.) Depreciable cost per unit R$ per mile
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