Karen Battle, owner of Flowers 4 You , operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Battle wants to set the delivery fee based on the distance driven to deliver the flowers. Battle wants 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 last seven months  (see pictures )

 

 

 

 

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Karen Battle, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delivery van. Ins flowers. Battle wants to separate the fixed and variable portions of her van operating costs so that she has a better id E (Click the icon to view the data.) Use the high-low method to detemine Flowers 4 You's cost equation for van operating costs. Use your results to pred Let'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 detemine Flowers 4 You's operating cost equation (Round the variable cost to the nearest x+$ Use the operating cost equation you determined above to predict van operating costs at a volume of 15.000 miles The operating costs at a volume of 15,000 miles is $ Choose from any list or enter any number in the input fields and then continue to the next question Ask me anything Karen Battle, owner of Flowers 4 You, operates a local chain of floral shops. Each shop has its own delivery van. Ins flowers. Battle wants to separate the fixed and variable portions of her van operating costs so that she has a better id E (Click the icon to view the data.) Use the high-low method to detemine Flowers 4 You's cost equation for van operating costs. Use your results to pred Let'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 detemine Flowers 4 You's operating cost equation (Round the variable cost to the nearest x+$ Use the operating cost equation you determined above to predict van operating costs at a volume of 15.000 miles The operating costs at a volume of 15,000 miles is $ Choose from any list or enter any number in the input fields and then continue to the next question Ask me anything