Kalle Chen, owner of Tulip Time, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery foo, Chen wants to set the delivery fee based on the distance driven to deliver the flowers. Chen 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 mothod to determine Tulip Time's cost equation for van operating costs. Use your results to predict van operating conts at a volume of 16,000 miles. Let's begin by determining the formula that is used to calculate the variable cost (slope), Variable cost (slope) Now determine the formula that is used to calculate the feed cont component Fxced cost Use the high-low method to determina Tulip Time's operating cost equation (Round the variable cost to the nearest cent and the foved cost to the nearest whole dollar) yo Use the operating cost equation you determined above to predict van operating costs at a volume of 16,000 milen. The operating costs at a volume of 16.000 miles in Choose from any list or enter any number in the input fields and then continue to the next question, Data Table Month Miles Driven Van Operating Costs January 16,400 $5,480 February 17,500 $5,400 March 15,000 $4,950 April :..... 16,100 $5,270 May ..... 17,300 $5,740 th June 15,600 M. $5,440 July 14,500 . $4,680 Print Done it fields and then anniin