(Click the icon to view the data.) Use the high-low method to determine Rose Red's cost equation for van 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). Now determine the formula that is used to calculate the fixed cost component. Use the high-low method to determine Rose Red's operating cost equation. (Round the variable cost to the nearest cent and the fixed cost to the nearest whole dollar.) y= Data table