A.) You have gathered the following vehicle costs:

Vehicle Costs
Annual depreciation	$ 3,900
Current years loan interest	$ 1,380
Insurance	$ 1,200
License and registration fees	$ 73
Parking and tolls	$ 471
Annual mileage	17,700
Miles per gallon	24
Average gasoline price	$ 2.50	per gallon
Oil changes and repairs	$ 469

Calculate the annual variable and fixed costs of the vehicle.

Compute the operating cost per mile.

Calculate the annual variable and fixed costs of the vehicle. Note: Do not round intermediate calculations. Round answers to nearest whole number.

Variable and Fixed Costs
Annual variable cost
Annual fixed cost