50. You are testing accounts receivable for a high end clothing manufacturer for overstatement. You have decided to use monetary unit sampling, and wish to attain a 95% confidence level. Population book value Tolerable misstatement Expected misst Bullets $14,000,000 840,000 420,000 +You send confirmations to the selected customers, and identify the following errors: Customer Book Value Audited Value Nordstrom 1,200,000 1,000,000 Saks Fifth Avenue 60,000 40,000 What is the appropriate sampling interval? 51. You are testing accounts receivable for a high end clothing manufacturer for overstatement. You have decided to use monetary unit sampling, and wish to attain a 95% confidence level. Population book value Tolerable misstatement Expected misstatement $14,000,000 840,000 420,000 You send confirmations to the selected customers, and identify the following errors: Customer Book Value Audited Value Nordstrom 1,200,000 1,000,000 Saks Fifth Avenue 60,000 40,000 What tainting factor will you use for the customer Nordstrom when calculating the Upper Misstatement Limit