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Last year, Ishiro Novato drove 21,986 miles and had these expenses: gas $1,187.25; maintenance and miscellaneous $118.80; parking and tolls $125.00; tires $300.00; wash and wax $75; insurance $614.80; license $34.90; and depreciation $1,780.00
Cost per Mile = Annual Variable Cost + Fixed Cost
Number of Miles Driven
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