WBlue,CPA,performed a Nonstatistical Sampling Plan to Examine the Inventory Balances

Multiple Choice

W.Blue,CPA,performed a nonstatistical sampling plan to examine the inventory balances of XYZ,Inc.The CPA audited 60 items from a sample and found an audited value of $12,300.The sample had a recorded value of $15,000.If the entire inventory contained 1,200 items and the total recorded value of the inventory was $240,000,the estimated account balance using nonstatistical methods is

A) $196,800.
B) $237,250.
C) $240,000.
D) $250,000.