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1 Data Table Month Miles Driven Van Operating Costs $5,460 January February 15,800 17,300 14,600 16,000 $5,680 $4,940 March April . 17,100 $5,310 $5,830 $5,420
1 Data Table Month Miles Driven Van Operating Costs $5,460 January February 15,800 17,300 14,600 16,000 $5,680 $4,940 March April . 17,100 $5,310 $5,830 $5,420 $4,880 June 15,400 July 14.100 Print Done Kelly Cough , owner of Flower Petal operates a local chain of oral shops. Each shop has its own delivery van instead of charging a flat delivery fee, Coughin wants to set the delivery fee based on the distance driven to deliver the flowers Coughlin wants to separate the food and variable portions of her van operating costs so that she has a better idea how delivery distance affects these costs She has the following data from the past seven months Cack the icon to view the data) Use the high-low method to determine Flower Petar's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 15,000 miles Lers begin by determining the formula that is used to calculate the variable coststope) Change in cost Change in volume = Variable costsope) Now determine the formula that is used to calculate the fixed cost component Total operating cost Total vanable cost foto van c os Fored cost Use the high-low method to determine Flower Petals operating cost equation (Round the variable cost to the nearestent and the feed cost to the nearest whole dollar) y"$ X+
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