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You have gathered the following vehicle costs: Vehicle Costs Annual depreciation Current year's loan interest Insurance License and registration fees Parking and tolls Annual mileage

You have gathered the following vehicle costs:
Vehicle Costs
Annual depreciation
Current year's loan interest
Insurance
License and registration fees
Parking and tolls
Annual mileage
Miles per gailon
Average gasoline price
0il changes and repairs
$3,900
$1,450
$1,410
$66
$424
19,300
24
$3.40 per gallon
$438
a. Calculate the annual variable and fixed costs of the vehicle.
b. Compute the operating cost per mile.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required a
Required b
Compute the operating cost per mile.
Note: Do not round intermediate calculations. Enter your answer in cents rounded to 1 decimal place
\table[[\table[[Operating],[cost]],0.6,\table[[cents per],[mile]]]]
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