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Month January February March April Pints of Applesauce Produced 117,000 Energy Cost $71,400 75,000 65,700 78,000 68,400 84,000 69,150 May 102,000 69,900 June 108,000
Month January February March April Pints of Applesauce Produced 117,000 Energy Cost $71,400 75,000 65,700 78,000 68,400 84,000 69,150 May 102,000 69,900 June 108,000 70,650 July 132,000 71,100 August 102,000 69,600 September 102,000 70,200 October 96,000 69,300 November 135,000 73,500 December 129,000 71,800 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 86,000 pints of applesauce are produced. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Predict the energy cost for a month in which 86,000 pints of applesauce are produced. Energy cost
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