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Kara Coughlin, owner of Flower Petal, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat

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Kara 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 15,000 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 Potal's operating cost equation (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar) y X Use the operating cost equation you determined above to predict van operating costs at a volume of 15.000 miles The operating costs at a volume of 15,000 miles is Kara 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 affec Click the icon to view the data) 6 Data Table Use the high-low method to determine Flower PC van operating costs at a volume of 15,000 miles Let's begin by determining the formula that is usq Month Miles Driven Now determine the formula that is used to calculd January February.... March April May June July 15,400 17.900 15,200 15,800 16,900 16,000 14,500 Van Operating Costs $5.200 $5.480 $4.980 $5.350 $5620 55.300 $4800 Use the high-low method to determine Flower Pe dollar) Fent and the fixed cost to the nearest whole X 11 Use the operating cost equation you determidd The operating costs at a volume of 15 000 miles Print Done Choose from any list or enter any number in the input fields and then continue to the next

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