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Calculate the items requested

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Based on the data provided here, calculate the items requested:

Annual depreciation $2,500

Current year's loan interest $650 

Insurance $680 

Average gasoline price $3.50per gallon

Parking/tolls $420 

Annual mileage 13,200

Miles per gallon 24

License and registration fees $65

Oil changes/repairs $370

a. Calculate total annual operating cost of the motor vehicle.

Total variable cost?

Total fixed cost?

Total annual operating cost?

b. Calculate operating cost per mile?  (Round your answer to 2 decimal places.)

Reference no: EM132137108

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