Calculate the projected likely misstatement (PLM) for the data given below using the average difference method and the ratio method (Round to the nearest dollar ) Case A Case B Population size (logical units 1,500 customer accounts 1,500 customer accounts Population size (accts rec total $300,000 $300,000 Sample size (logical units 100 300 Book value in sample $23,466 $62,095 Audited value in sample $22,431 $60,295 Projected Likely Misstatement Difference Method $ $ Dollar Unit Sample Method $ $

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Question: Calculate the projected likely misstatement (PLM) for the data given below using the average difference method and the ratio method. (Round to the nearest dollar.)

Calculate the projected likely misstatement (PLM) for the data given below using the average difference method and the ratio method. (Round to the nearest dollar.)

Case A	Case B
Population size (logical units	1,500 customer accounts	1,500 customer accounts
Population size (accts. rec. total	$300,000	$300,000
Sample size (logical units	100	300
Book value in sample	$23,466	$62,095
Audited value in sample	$22,431	$60,295

Projected Likely Misstatement
Difference Method:	$______	$______
Dollar Unit Sample Method:	$______	$______

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