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Score: 4 of 2 pts 1 of 1 (complete HW Score: 57.14%, 1.14 of 2 pts E6-47B (similar to) Kelly Rafferty owner of Flower Potal

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Score: 4 of 2 pts 1 of 1 (complete HW Score: 57.14%, 1.14 of 2 pts E6-47B (similar to) Kelly Rafferty owner of Flower Potal operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging tot delivery to Rafferty wants to set the delivery based on the distance doen to what the flowers Rafferty wants to separate the feed 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 mick the icon to view the dots) Use the high-low method to determine Flower Potal's cost equation for an operating costs. Use your results to predict van operating costs at a volume of 16.500 miles Let's begin by determining the formula that is used to calculate the variable cost (slope) Change in cost Charge in volume Variable costs Now determine the formula that is used to calculate the feed cost component Data Table Total operating cost Total variable.com - Faxed cost Use the high low method to determine Flower Potal's operating cost equation (Round the variable cost to the nearest cent and the feed cost to the Month Miles Driven Van Operating costs yas January 15.900 $5.490 February 18.000 55.480 March 15. 300 55.100 April 16.300 35200 May 17.000 55.520 June 15.700 $5,150 July 15 000 $4,50 Print Done

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