Kristen Meyer, owner of Rose Ready, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Meyer wants to set the delivery fee based on the distance driven to deliver the flowers. Meyer 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 Rose Ready's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 14,500 miles. Let's begin by determining the formula that is used to calculate the variable cost (slope). Variable cost (slope) Kristen Meyer, owner of Rose Ready, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Meyer wants to set the delivery fee based on the distance driven to deliver the flowers. Meyer wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance (Click the icon to view the data.) - X Data table Use the high-low method to determine Rose operating costs at a volume of 14,500 miles. Month Miles Driven Van Operating Costs $5,390 15,500 January. February Let's begin by determining the formula that 17,400 $5,280 March 15,400 $4,960 April. 16,300 May 16,500 $5,340 $5,450 $5,230 June 15,200 July 14,400 $4,680