Jonathan Macintosh is a highly successful upstate New York 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 9 0 Pints of Applesauce Produced Energy Cost 0 72,000 75,000 81,000 99,000 105,000 129,000 99,000 99,000 93,000 132,000 126,000 114,000 $71,100 63,600 67,800 68,700 69,600 70,500 70,800 69,300 69,900 69,000 73,200 71,650 2 May June August September October November December 6 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. (Round coefficient of X to 2 decimal places.) 2 Total energy cost 2. Predict the energy cost for a month in which 83,000 pints of applesauce are produced. nergy cost