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The auditors have sampled 25 accounts from a population of 250 accounts receivable. The sample Items have a mean book value of $242 and a

The auditors have sampled 25 accounts from a population of 250 accounts receivable. The sample Items have a mean book value of $242 and a mean audited value of $247. The book value in the population is $239,000. What is the estimated audited value of the population using the mean-per-unit method?


Multiple Choice 

  • $99.000. 
  • $100.500. 
  • $100,000. 
  • $101,500.

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