Using mean-per-unit estimation an auditor has taken a


Using mean-per-unit estimation, an auditor has taken a sample of 200 from a population's 40,000 items; that population has a book value of $200,000. She found that in her sample the average audited value was $4.20, while the average book value was $5.20. What is the estimated total audited value of the population?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Using mean-per-unit estimation an auditor has taken a
Reference No:- TGS01670902

Expected delivery within 24 Hours