Oriole Company purchased a delivery truck for $42,000 on January 1,2022. The truck has an...

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Accounting

Oriole Company purchased a delivery truck for $42,000 on January 1,2022. The truck has an expected salvage value of $10,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 12,800 in 2022 and 12,000 in 2023.
(a1)
Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e..0.50)
Depreciable cost
$
per mile
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