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 Produced 115,000 73,000 76,000 82,000 100,000 106,000 130,000 100,000 100,000 94,000 133,000 127,000 Energy Cost $71,200 64,300 68,000 68,850 69,700 70,550 70,900 69,400 70,000 69,100 73,300 71,700 Month January February March April May une July August September October November December Required I. 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 Ydenotes energy cost for a month and Xdenotes pints of applesauce produced 2. Predict the energy cost for a month in which 84,000 pints of applesauce are produced