Kallie Coughlin, owner of Flower Petal, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Coughlin wants to set the delivery fee based on the distance driven to deliver the flowers. Coughlin 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 Flower Petal's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 15,500 miles. Let's begin by determining the formula that is used to calculate the variable cost (slopo). i Data Table = Variable cost (slope) Now determine the formula that is used to calculate the fixed cost component. Month = Fixed cost January ............ Use the high-low method to determine Flower Petal's operating cost equation. (Round the variable cost to the nearest cent and the fixed cost to the nearest whole doll y=$ +$ February............. March. ............. April.. May June... ....... Miles Driven 16.400 17.500 15,000 16,100 17,300 15,600 14,500 Van Operating Costs S5,480 S5,400 $4,950 $5,270 $5,740 S5,440 S4.680 Use the operating cost equation you determined above to predict van operating costs at a volume of 15,500 miles The operating costs at a volume of 15,500 miles is s . July...... Print Done Choose from any list or enter any number in the input fields and then continue to the next