Refer to Flowers 4 You's data in E6-27A. Use the high-low method to determine Flowers 4 You's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 16,000 miles.
Month Miles Driven Van Operating Costs
January.............................................................. 16,500........................$5,260
February............................................................ 18,500........................$5,730
March................................................................ 16,100........................$4,960
April................................................................... 17,100........................$5,420
May.................................................................... 17,500........................$5,790
June................................................................... 15,800........................$5,300
July.................................................................... 15,500........................$5,040