4. v VI & PS. 5 of 6 (1 complete) HW Score: 5%, 0.5 of 10 pts E6-26A (similar to) Question Help Karen Smith, owner of Flower Hour operates a local chain of floral shops Each shop has its own delivery van. Instead of charging a fat delivery fee Smith wants to set the delivery fee based on the distance driven to deliver the flowers. Smith wants to separate the forced 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 (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 16,500 miles Cuartet Brand f /QuartetBrand Join the conversation Let's begin by determining the formula that is used to calculate the variable cost (slope) Variable cost (slope) 0 Data Table January February March Miles Driven 16,000 17,500 14 900 16.200 16,900 15.100 14,500 Van Operating Costs 55.490 $5.700 $4.910 $5,340 $5.820 S5410 $4920 April May June Done in and then check