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 February March April Pints of Applesauce Produced Energy Cost $72,100 124,000 82,000 64,600 85,000 71,000 91,000 70,200 Hay 109,000 70,600 June 115,000 71,000 July 139,000 71,800 August 109,000 70,300 September 109,000 70,900 October 103,000 70,000 November December 142,000 74,200 136,000 72,150 Required: Check 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 93,000 pints of applesauce are produced. Complete this question by entering your answers in the tabs below. W Windows