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You are the auditor of Jexel, an auto air-conditioner service and repair company, and you have decided to use the in-perunt method to test the

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You are the auditor of Jexel, an auto air-conditioner service and repair company, and you have decided to use the in-perunt method to test the existence and gross valuation of recorded accounts receivable. The client's records include 10.300 account with a total book value of $1250,000. You decide to use tolerable misstatement of $162.000, an incorrect acceptance in 10 percent and an incorrect rejection risk of 5.0 percent. Using Excel, you estimated the standard deviation of the population as 526 Use out 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 $117. 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 Required A Required Required Determine the sample size. (Roundup to the next whole number) Sred Required >

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