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Please help Kerri Battie, owner of Flower Paradise, operates a local chain of foral shops. Each shop has its own delvery van, Instead of charging
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Kerri Battie, owner of Flower Paradise, operates a local chain of foral shops. Each shop has its own delvery van, Instead of charging a flat delivery fee, Batte wants to set the delivery feo based on the distance driven to delver the flowers. Battle wants to sepsarate the fixed and variable portions of her van operating costs so that she has a better idea how deivery distance aflects these costs. She has the following data from the past seven months: (Click the ioon to viow the data.) Use the high-low method to determine Flower Paradise's cost equation for var operating costs. Use your results to predict van operating costs at a volume of 15,500 miles. Ler's begin by determining the formula that is used to calculate the variable cost (slope). Now determine the formula that is used to calculate the fued cost component. - Total varable cont = Use the hightow method to determine Flower Paradise's operating cost equation. (Round the variable cost to the nearest cent and the foved cost to the nearest whole dellar.) y=x+ Data table Step by Step Solution
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