Question: Based on the data provided here, calculate the items requested: Annual depreciation $ 3,000 Annual mileage 15,480 Current year's loan interest $ 740 Miles per

Based on the data provided here, calculate the items requested: Annual depreciation $ 3,000 Annual mileage 15,480 Current year's loan interest $ 740 Miles per gallon 24 Insurance $ 965 License and registration fees $ 160 Average gasoline price $ 4.00 per gallon Oil changes/repairs $ 940 Parking/tolls $ 800 a. Calculate total annual operating cost of the motor vehicle.

Total variable cost:

Total fixed cost:

Total annual operating cost:

Operating cost per mile:

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