Alice Jungemann, owner of Flower Power, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Jungerann wants to set the delivery fee based on the distance driven to deliver the flowers. Jungemann 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 E (Click the icon to view the data.) February and May are always Flower Power's biggest months because of Valentine's Day and Mother's Day, respectively. Use the high-low method to determine Flower Power's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 15,000 kilometres. Let's begin by determining the formula that is used to calculate the variable cost (slope). Change in cost Change in volume Variable cost (slope) Now determine the formula that is used to calculate the faced cost component. Total operating cost Total variable cost Fixed cost Use the high-low method to determine Flower Power's operating cost equation (Round the variable cost to the nearest cent and the fixed cost to the nearest whole doilar.) y=$X$ Data Table Use the operating cost equation you determined above to predict van operating costs at a volume of 15,000 kilometres The operating costs at a volume of 15,000 kilometres is s Month Kilometres Driven Van Operating costs 15.800 January February March 5. 17.300 14800 4.40 Apri 18.000 1310 17.100 100 15.400 40 Choose from any drop-down list and then continue to the next question MacBook A