Kallie Reynolds, 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, Reynolds wants to set the delivery fee based on the distance driven to deliver the flowers, Reynolds 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 Pota'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) Now determine the formula that is used to calculate the fixed cost component Fixed cost Use the high-low method to determine Flower Poto's operating cost equation (Round the variable cont to the nearest cent and the fixed cost to the nearest wholo dollar) Use the operating cost equation you determined above to predict van operating costs at a volume of 17,000 miles The operating costs at a volume of 17.000 miles is Data table Month Miles Driven Van Operating costs January .. 15,400 $5,200 17,900 $5,480 February March ...... April 15,200 $4,980 15,800 $5,350 May $5,620 16,900 16,000 June $5,300 July 14,500 $4,800