X Data table Month Miles Driven Van Operating Costs January . . . . . . 15,500 $5,390 February . . . .. 17,400 $5,280 March . . . 15,400 $4,960 April 16,300 $5,340 May . . . . . 16,500 $5,450 June . . 15,200 $5,230 July . . . . 14,400 $4,680Kaitlyn Woo. owner of :lower Power. operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee. Woo wants to set the delivery fee based on the distance driven to deliver the flowers. Woo 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 Flower Power's cost equation forvan operating costs. Use your results to predict van operating costs at a volume of 15.500 miles. Let's begin by determining the formula that is used to calculate the variable cost (slope). Change in cost + Change in volume : 'v'ariable cost (slope) Now determine the formula that is used to calculate the fixed cost component. Total operating cost _ Total variable cost : :ixed cost Use the high-low method to determine Flower Power's operating cost equation. (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) v: E\": kaitlyn Woo, owner of Flower Power, operates a local chain of floral shops. Each shop has its own delivery val nstead of charging a flat delivery fee, Woo wants to set the delivery fee based on the distance driven to delive he flowers. Woo wants to separate the fixed and variable portions of her van operating costs so that she has 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.) Ise the high-low method to determine Flower Power's cost equation for van operating costs. Use your results predict van operating costs at a volume of 15,500 miles. . . . et's begin by determining the formula that is used to calculate the variable cost (slope). Change in cost Change in volume = Variable cost (slope) Now determine the formula that is used to calculate the fixed cost component. Total operating cost Total variable cost = Fixed cost Use the high-low method to determine Flower Power's operating cost equation. (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) y= $ 0.20 x + $ 1,800 Ise the operating cost equation you determined above to predict van operating costs at a volume of 15,500 miles. The operating costs at a volume of 15,500 miles is