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Use the high$-$low method to determine Flower Power's cost equation for van operating costs. Use your results to predict van operating costs at a volume of $17,000$ miles.

Let's begin by determining the formula that is used to calculate the variable cost $($slope$).$

Change $incost,,$ 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.$)$

$y=$

$x+$

Use the operating cost equation you determined above to predict van operating costs at a volume of $17,000$ miles.

The operating costs at a volume of $17,000$ miles is

$1$: Data Table