Question: please write in similar formatting, thank you so much :) Kim Smith, owner of Flowers 4 You, operates a local chain of floral shops. Each

Kim Smith, 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, Smith wants to set the delivery fee based on the distance driven to deliver the flowers. Smith 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 Flowers 4 You's cost equation for van operating costs. Use your results to predict van operating costs at a volume of 16,500 miles. CE Let's begin by determining the formula that is used to calculate the variable cost (slope). Variable cost (slopo) Now determine the formula that is used to calculate the fixed cost component Fixud cost Use the high-low method to determine Flowers 4 You's operating cost equation, (Round the variable cost to the nearest cont and the fixed cost to the nearest whole dollar.) y = Use the operating cost equation you determined above to predict van operating costs at a volume of 16,500 miles The operating costs at a volume of 16,500 miles is x Data table ad T Month Miles Driven Van Operating Costs $5,420 ... January February 15,900 18,000 $5,460 March 15,300 $5,100 it 16,300 $5,290 ... April May 17,000 $5,520 E n June 15,700 $5,150 ...4 July ... 15,000 $4,950 od a Print Done
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