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The Ferguson Company reported an adjusted net operating profit after taxes (NOPAT) of $54,000 in 2007. In this year the cost of capital was 14%

The Ferguson Company reported an adjusted net operating profit after taxes (NOPAT) of $54,000 in 2007. In this year the cost of capital was 14% and their adjusted investment was $121,500. The companys economic value added for 2007 was A $24,570 B $9,450 C $36,990 D $71,010 17 Question: Vasher Company planned to produce 60,000 units during 2008. Vasher allocates overhead based on units produced. At that level of production, which was used to assign the overhead to each unit, overhead costs were expected to be $210,000. Fixed costs made up $60,000 of this amount. During the year, Vasher produced 63,000 units and had actual overhead costs of $230,000. What is the amount of applied overhead? A $215,700 B $220,500 C $210,000 D $230,000 18 Last year, Ace Division of DiscCompany earned income (NOPAT) of $540,000 on sales of $1,450,000. The division had invested capital of $1,800,000. What is the divisions return on investment? A 37% B 81% C 30% D 15% 20 Question: The Jenkins Companys economic value added for 2009 was $1,600. The companys cost of capital for the year was 16% and the companys adjusted net operating profit after taxes (NOPAT) was $3,500. The companys amount of adjusted investment must be A $31,875 B $21,875 C $11,875 D $41,875 22

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