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Finance Assignment | Professional Writing

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June 8th, 2020

Based on the data provided here, calculate the items requested: 13,680 24 Annual depreciation Current year’s loan interest Insurance Average gasoline price Parking/tolls $2,500 $ 670 $ 740 $ 3.50 per gallon $ 500 Annual mileage Miles per gallon License and registration fees Oil changes/repairs $ $ 85 490

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a. Calculate total annual operating cost of the motor vehicle. & Answer is complete but not entirely correct. Total variable cost Total fixed cost Total annual operating cost $ $ $ 3,895 3,995 7,430 % b. Calculate operating cost per mile. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Operating cost per mile $ 0.44 %

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