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 119,000 Energy Cost $71,600 February March 27,000 67,100 80,000 68,800 April May June $6,000 69,450 104,000 70,100 110,000 70,750 July 134,000 71,300 August 104,000 69,800 September 104,000 70,400 October 98,000 69,500 November December 137,000 73,700 131,000 71,900 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 Ydenotes energy cost for a month and X denotes pints of applesauce produced. 2. Predict the energy cost for a month in which 88,000 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