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K Kemi Battle, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delivery van. Instead of
K Kemi Battle, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Battle wants to set the delivery fee based on the distance driven to deliver the flowers. Battle 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: (Click the icon to view the data.) Use the high-low method to determine Flowers 4 You's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 17,000 miles. Let's begin by determining the formula that is used to calculate the variable cost (slope) Variable cost (slope) She has the following data from the past seven months (Click the icon to view the data.) Use the high-low method to determ Data table vepronte op van BY MIR HEIM HAs a better idea how delivery distance affects these X I Let's begin by determining the form Month Miles Driven Van Operating Costs January...... 15,700 $5,350 February 16,500 $5.160 March 14,500 $4.900 April 16,000 $5,320 May 16,300 $5,500 June 15,100 $5,050 July 14,000 $4,560 Print Done edict van operating costs at a volume of 17,000 miles.
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