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Chapter 8 Homework Help Save& Exit Submit Check my work 7 You have gathered the following vehicle costs Vehicle Costs Annual depreciation Current year's loan

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Chapter 8 Homework Help Save& Exit Submit Check my work 7 You have gathered the following vehicle costs Vehicle Costs Annual depreciation Current year's loan interest Insurance 125 points 3,900 Annual mileage 1380 Mles per gallon 1,200 Average gasoline price $ 2.50 per gallon 17,700 24 04957 License and registration fees$ 73 Oil changes/repairs 469 Parking/tolls $ 471 (a) Calculate the annual variable and fixed costs of the vehicle. Annual fxed cost References Compute the operating cost per mile. (Enter your answer in cents rounded to decimal place.)

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