Exercise 6-25 Estimating Cost Behavior; High-Low Method (LO 6-1, 6-2, 6-5) 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 highlow method in estimating the company's energy cost behavior. The following costs were incurred during the past 12 months: Pints of Applesauce Month Produced Energy Cost January 117,666 $71,466 February 75,666 65,766 March 78,666 68,466 April 84,666 69,156 May 192,999 69,999 June 168,666 76,656 July 132,666 71,166 August 162,666 69,666 September 162,666 76,266 October 96,666 69,366 November 135,666 73,566 December 129,666 71,866 Requued: 1. Use the highlow 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 ofapplesauce 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 Use the highlow 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 X denotes pints of applesauce produced. (Round coefficient otho 2 decunalpbcesq Required 2 > Required: 1. Use the highlow 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 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.