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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

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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 Miles per gallon Average gasoline price Oil changes and repairs $ 3,900 $ 1,450 $ 1,410 $ 66 $ 424 19,300 a. Calculate the annual variable and fixed costs of the vehicle. b. Compute the operating cost per mile. Variable and Fixed Costs 24 $ 3.40 per gallon $ 438 Complete this question by entering your answers in the tabs below. Annual variable cost Annual fixed cost Required a Required b Calculate the annual variable and fixed costs of the vehicle. Note: Do not round intermediate calculations. Round answers to nearest whole number. Required b >

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