Question : Question I have worked the original problem and the results as : 1165545

Question

I have worked the original problem and the results are as follows. I need help in completing the table at the end of this post. Thanks

The orginal problem includes the following info is needed : You are evaluating the results of a nonstatistical sample of 85 accounts receivable confirmations for the Hartman Company. Information on the sample and population are included below. Tolerable misstatement for accounts receivable confirmation sampling is $ 140,000

I have taken care of requirement a. of the problem by calculating misstatement amounts and describing them. I need help with requirement b. which is the completion of the table at the end of this post. All info. from the original problem has been provided in this post.

Data Tables used for first part of the problem are:

Represented Misstatements Are:

Acct.            Recorded           Confirmation 

No.                 Value                  Response              Misstatement               Description                  

147        $    67,850            $     66,575              $      1,275                  Pricing Error

228            100,250                   76,127                    24,123                  Cutoff Error

278                6,215                     4,115                          0                     Timing Difference

497              72,652                         0                             0                    Timing Difference

564                8,794                     8,482                         312                  Error in Qty. Shipped

653              41,389                   29,492                    11,897                  Cutoff Error

830                6,850                          0                       6,850                  Cutoff Error

Total Misstatement…………………………… $   44,457

Other Data Table given with problem is:

                                                        Sample                                                   Population                  

                                      # of                         Recorded                # of                                Recorded

Stratum                      Accounts                       Value                 Accounts                            Value  

1   > $75,000                     8                  $     1,528,725                     8                       $ 1,528,725

2 $10,000 – $74,999         40                       1,653,320                   257                         4,982,510

3   < $10,000                    25                            90,180                   712                            926,520                                              73                  $   3,272,225                   977                     $ 7,437,756 . Complete the table below to determine the total projected misstatement in the accounts receivable population. (Do not round interim calculations. Round your final answer to the nearest whole dollar.) Sampling Risk in the calculations is to be ignored.                                 Sample                         Sample                       Book                    Projected                                Value                      Misstatements           Value                Misstatements Stratum 1         ____________            _______________      ___________   _____________ Stratum 2          ____________            _______________     ___________        _____________ Stratum 3          ____________            _______________      ___________    _____________ Totals                ____________            _______________      ___________    _____________ 830 6,850 0 $6,850 shipment recorded on December 30th goods were not shipped until January 3rd Print Done

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