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25 You have gathered the following vehicle costs: 10 points Vehicle Costs Annual depreciation Current year's loan interest Insurance License and registration fees Parking/tolls $3,600
25 You have gathered the following vehicle costs: 10 points Vehicle Costs Annual depreciation Current year's loan interest Insurance License and registration fees Parking/tolls $3,600 Annual mileage $1,170 Miles per gallon $1,240 Average gasoline price $ 70 Oil changes/repairs $ 491 14,900 24 $ 3.25 per gallon $ 463 (a) Calculate the annual variable and fixed costs of the vehicle. (Round answer to nearest whole number.) Answer is complete and correct. Variable & Fixed Costs Annual variable cost Annual fixed cost $ 2,972 6,080 (b) Compute the operating cost per mile. (Enter your answer in cents rounded to 1 decimal place.) Answer is complete but not entirely correct. Operating cost 0.6 X cents per mile
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