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Him Coughlin, owner of Rose Red, operates a local chain of floral shops Each shop has its own delivery win. Instead of charging a flat

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Him Coughlin, owner of Rose Red, operates a local chain of floral shops Each shop has its own delivery win. Instead of charging a flat delivery fee, Coughlin wants to set the delivery fee based on the distance driven to deliver the flows Coughlin wants to separate the faced and variable portions of he w operating cous so that she has a better idea how delivery distance sects thette costs. She has the following dats from the plant seven months: Use the high-low method to determine Flore Fled's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 16,500 miles. Lera begin by determining the formula that is used to calculate the variable colt topet X Change In cit Change In volume Variable com (slope) Data Table Now determine the formula that is used to calculate the fixed cost component. Toull operating call Total variable cost Fland com Month Miles Driven Van Operating Costs $9 480 Use the high-low method to determine Flove Red's operating cost equation (Round the variable cost to the nearest cent and February y= $ 634 x. $120 March baa baa 15000 Use the operating can't equation you determined above to predict win operating costs at a volume of 18,500 miles. 14. 10 15 270 The operating costs : volume of 18,800 mim in $ 5.100 15.600 14.500

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