10 2 points Jonathan Macintosh is a highly successful Pennsylvania orchardman who has formed his own company to produce and package applesauce. Apples can be stored for several months in cold storage, so applesauce production is relatively uniform throughout the year. The recently hired controller for the firm is about to apply the high-low method in estimating the company's energy cost behavior. The following costs were incurred during the past 12 months: Month January Pints of Applesauce Produced 118,000 Energy Cost $71,500 66,400 February 76,000 March 79,000 68,600 eBook April 85,000 69,300 May 103,000 70,000 June 109,000 > 70,700 July 133,000 71,200 Print August 103,000 69,700 September 103,000 70,300 October 97,000 69,400 November 136,000 73,600 References December 130,000 71,850 Required: 1. Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Ya+ bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced. 2. Predict the energy cost for a month in which 87,000 pints of applesauce are produced. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y a+bx, where Y denotes energy cost for a month and X denotes pints of applesauce produced. (Round coefficient of X to 2 decimal places.) Total energy cost References 1. Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced. 2. Predict the energy cost for a month in which 87,000 pints of applesauce are produced. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Predict the energy cost for a month in which 87,000 pints of applesauce are produced. Energy cost