Kristen Chen owner of Flower Mode, 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 livery 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 m (Click the icon to view the data) Use the high-low method to determine Flower Mode's cost equation for an operating costs. Use your results to predict van operating costs at a volume of 15,800 min. HD Let's begin by determining the formula that is used to calculate the variable cost (ope) - Variable cost (slope) - X Data table itd Month Miles Driven Van Operating Costs January 15,900 $5,420 bts 18,000 $5,460 February March 15,300 ---- $5,100 April 16,300 $5,290 May 17,000 $5,520 June 15,700 $5,150 July .. 15,000 $4,950 Print Done help