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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 companys energy cost behavior. The following costs were incurred during the past 12 months:

Month	Pints of Applesauce Produced			Energy Cost
January		107,000			$	70,400
February		65,000				64,700
March		68,000				66,400
April		74,000				67,650
May		92,000				68,900
June		98,000				70,150
July		122,000				70,100
August		92,000				68,600
September		92,000				69,200
October		86,000				68,300
November		125,000				72,500
December		119,000				71,300

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.) Complete this question by entering your answers in the tabs below. Predict the energy cost for a month in which 76,000 pints of applesauce are produced

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