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Morrisons Company heats iron jewels to high temperature by placing them in large ovens. The heated jewels are then run through a machine that forms

Morrisons Company heats iron jewels to high temperature by placing them in large ovens. The heated
jewels are then run through a machine that forms them into shapes. Due to the length of time it takes
for the oven to heat up, it is never turned off. When the jewels are placed in the oven the temperature
is raised to a higher level. Once they are done being heated the oven temperature is turned back down
until a new batch of Jewels is ready to be heated. The following information shows the jewels processed
and the electricity cost over the past 11 months.
Month Jewels Electricity Cost
January 80 $5,500
February 100 $6,800
March 120 $7,600
April 70 $5,000
May 110 $7,000
June 150 $8,000
July 70 $4,700
August 90 $6,200
September 50 $3,900
October 40 $3,050
November 60 $4,200
1. Using the high-low method, estimate a cost formula for power costs. Express the formula in the
from of Y = a + bX.
2. Predict total electricity cost in a month when 180 jewels are processed.

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