Required informetion Section Break Questions 42-43 [The following information applies to the questions displayed below Rachel Robertson wishes to use mean-per-unit sampling to evaluate the reasonableness of the book value of the accounts receivable of Smith, Inc. Smith has 9,000 receivable accounts with a total book value of $1,520,000. Robertson estimates the population's standard deviation to be equal to $29. After examining the overall audit plan, the auditors believe that the account's tolerable misstatement is $51,000, and that a risk of incorrect rejection of 5 percent and a risk of incorrect acceptance of 10 percent are appropriate. Use Figure 9.8. Simulation 9-43 [LO 9-8] Assuming the following results: Book value of items in sample $155 Average audited value of items in sample Standard deviation of sample $33 $151 b. Use the difference estimation method to calculate: (1) Projected misstatement (2) Estimated total audited value