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1. Use the high/low method to determine Flower Hour's operating cost equation. Question Help Kallie Woo, owner of Flower Hour, operates a local chain of
1. Use the high/low method to determine Flower Hour's operating cost equation. Question Help Kallie Woo, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Woo wants to set the delivery fee based on the distance driven to deliver the flowers. Woo wants to separate the fixed 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 11. (Click the icon to view the data) Use the high-low method to determine Flower Hour's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 14.500 miles Data Table Month Miles Driven Van Operating Costs January 15,500 $5,390 February 17,400 . $5,280 March 15,400 $4,960 April 16,300 $5,340 May 16,500 $5,450 June 15,200 $5,280 July 14,400 $4,680 Print Done Click
1. Use the high/low method to determine Flower Hour's operating cost equation.
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