You are the auditor of Jexel, an auto air-conditioner service and repair company, and you have decided to use the mean-per-unit method to test the existence and gross valuation of recorded accounts receivable. The client's records include 10,000 accounts with a total book value of \\( \\$ 1,250,000 \\). You decide to use tolerable misstatement of \\( \\$ 182,000 \\), an incorrect acceptance risk of 5 percent, and an incorrect rejection risk of 4.6 percent. Using Excel, you estimated the standard deviation of the population as \\( \\$ 25 \\). Use Figure 9-8 to obtain the incorrect acceptance and rejection coefficients. Required: a. Determine the sample size. b. Assume you tested the sample and got the following results: The mean audited value of the accounts sampled was \\( \\$ 122 \\). Assuming that the standard deviation of the sample's audited value is also \\( \\$ 25 \\), what is the projocted misstatement for the population? c. Assuming that the standard deviation of the sample's audited value is \\( \\$ 20 \\), what is the projected misstatement for the population? Assuming that the standard deviation of the sample's audited value is \\( \\$ 20 \\), what is the projected misstatement for the population? You are the auditor of Jexel, an auto air-conditioner service and repair company, and you have decided to use the mean-per-unit method to test the existence and gross valuation of recorded accounts receivable. The client's records include 10,000 accounts with a total book value of \\( \\$ 1,250,000 \\). You decide to use tolerable misstatement of \\( \\$ 182,000 \\), an incorrect acceptance risk of 5 percent, and an incorrect rejection risk of 4.6 percent. Using Excel, you estimated the standard deviation of the population as \\( \\$ 25 \\). Use Figure 9-8 to obtain the incorrect acceptance and rejection coefficients. Required: a. Determine the sample size. b. Assume you tested the sample and got the following results: The mean audited value of the accounts sampled was \\( \\$ 122 \\). Assuming that the standard deviation of the sample's audited value is also \\( \\$ 25 \\), what is the projocted misstatement for the population? c. Assuming that the standard deviation of the sample's audited value is \\( \\$ 20 \\), what is the projected misstatement for the population? Assuming that the standard deviation of the sample's audited value is \\( \\$ 20 \\), what is the projected misstatement for the population? You are the auditor of Jexel, an auto air-conditioner service and repair company, and you have decided to use the mean-per-unit method to test the existence and gross valuation of recorded accounts receivable. The client's records include 10,000 accounts with a total book value of \\( \\$ 1,250,000 \\). You decide to use tolerable misstatement of \\( \\$ 182,000 \\), an incorrect acceptance risk of 5 percent, and an incorrect rejection risk of 4.6 percent. Using Excel, you estimated the standard deviation of the population as \\( \\$ 25 \\). Use Figure \\( 9-8 \\) to obtain the incorrect acceptance and rejection coefficients. Required: a. Determine the sample size. b. Assume you tested the sample and got the following results: The mean audited value of the accounts sampled was \\( \\$ 122 \\). Assuming that the standard deviation of the sample's audited value is also \\( \\$ 25 \\), what is the projected misstatement for the population? c. Assuming that the standard deviation of the sample's audited value is \\( \\$ 20 \\), what is the projected misstatement for the population? Assume you tested th. Aeguired 6 and got the following results: The mean audited value of the accounts sampled was \\( \\$ 122 \\). Assuming that the standard deviation of the sample's audited value is also \\( \\$ 25 \\), what is the projected misstatement for the population? What is the confidence interval? Is the account materially misstated? You are the auditor of Jexel, an auto air-conditioner service and repair company, and you have decided to use the mean-per-unit method to test the existence and gross valuation of recorded accounts receivable. The client's records include 10,000 accounts with a total book value of \\( \\$ 1,250,000 \\). You decide to use tolerable misstatement of \\( \\$ 182,000 \\), an incorrect acceptance risk of 5 percent, and an incorrect rejection risk of 4.6 percent. Using Excel, you estimated the standard deviation of the population as \\( \\$ 25 \\). Use Figure \\( 9-8 \\) to obtain the incorrect acceptance and rejection coefficients. Required: a. Determine the sample size. b. Assume you tested the sample and got the following results: The mean audited value of the accounts sampled was \\( \\$ 122 \\). Assuming that the standard deviation of the sample's audited value is also \\( \\$ 25 \\), what is the projected misstatement for the population? c. Assuming that the standard deviation of the sample's audited value is \\( \\$ 20 \\), what is the projected misstatement for the population? Determine the sample size. (Roundup to the next whole number.)