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You have gathered the following vehicle costs: 13,200 24 Vehicle Costs Annual depreciation Current year's loan interest Insurance License and registration fees Parking/tolls $2,500 Annual

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You have gathered the following vehicle costs: 13,200 24 Vehicle Costs Annual depreciation Current year's loan interest Insurance License and registration fees Parking/tolls $2,500 Annual mileage $ 650 Miles per gallon 680 Average gasoline $ price Oil $ 65 changes/repairs $ 420 $ 3.68 per gallon $ 370 (a) Calculate the annual variable and fixed costs of the vehicle. (Round answer to nearest whole number.) Variable & Fixed Costs Annual variable cost Annual fixed cost (b) Compute the operating cost per mile. (Enter your answer in cents rounded to 1 decimal place.) Operating cost cents per mile

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