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: Pints of Applesauce Month Produced Energy Cost January 1eg,eee $70,600 February 67,eee 66,188 March 78,eee 66,888 April 76,eee 67,950 May 94.eee 69,180 1ee,eee 70,250 July 124.eee 70,300 August 94,80 68,888 September 94.ee 69,480 October 88,eee 68,500 November 127.00 72,700 December 121,eee 71,488 June Required: 1. 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. 2 Predict the energy cost for a month in which 78.000 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 = 3 + 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 Required Required 2 >