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PLEASE HELP ME ANSWER THIS WITH STEPS!! QUESTION 2 10 points Sue A Alice Jungemann, owner of Flower Power, operates a local chain of floral
PLEASE HELP ME ANSWER THIS WITH STEPS!!
QUESTION 2 10 points Sue A Alice Jungemann, owner of Flower Power, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a fiat delivery fee, Jungemann wants to set the delivery fee based on the distance driven to deliver the flowers. Jungemann wants to separate the food 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 Month Kilometres Driven Van Operating costs January 15,800 $5,460 February 17,300 5,680 March 14,600 4,940 April 16.000 5,310 May 17,100 5,830 June 15,400 5,420 July 14,100 4,880 February and May are always Flower Power's biggest months because of Valentine's Day and Mother's Day, respectively. Show your work; Use the high-how method to determine Flower Power's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 15,000 kilometers Step by Step Solution
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