(Solved): Kaityn Rieynolds, owner of Rose Red, operates a local chain of floral shops. Each shop has its own ...

Kaityn Rieynolds, owner of Rose Red, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat deivery feo, Reynoids wants to set the delivery fee based on the distance driven to deliver the flowers. Reynolds 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 soven monthe: Cick 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 volime of 15,500 miles. Now deterrinine the formula that is used to calculate the fixed cost component. Total conrating cost Total variable cost. Une 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 nearost whole dollar.) $y=$ Data table Kaitlyn and vari data fror ? (Clid Use the volume \begin{tabular}{|lcc|} \hline Month & Miles Driven & Van Operating Costs \\ \hline January ...... & 16,400 & $\$5,480$ \\ February ..... & 17,500 & $\$5,400$ \\ March ....... & 15,000 & $\$4,950$ \\ April ....... & 16,100 & $\$5,270$ \\ May ........ & 17,300 & $\$5,740$ \\ June ....... & 15,600 & $\$5,440$ \\ July ........ & 14,500 & $\$4,680$ \\ \hline \end{tabular} Use the the near $y=$ Print Done has its own delivery van. Instead of ch er the flowers. Reynolds wants to sep ry distance affects these costs. She h Use your results to predict van opera variable cost to the nearest cent and the Get more help.