chapter 7

Salespersons' Report and Analysis

Waltham Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows:

Salesperson	Total Sales	Variable Cost of Goods Sold	Variable Selling Expenses
Case	$598,000	$197,340	$125,580
Dix	383,000	130,220	72,770
Johnson	429,000	171,600	68,640
LaFave	624,000	324,480	131,040
Orcas	351,000	164,970	52,650
Sussman	522,000	229,680	99,180
Willbond	475,000	199,500	66,500

Required:

Question Content Area

1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percents to the nearest whole number. Enter all amounts as positive numbers.

Waltham Industries Inc. Salespersons' Analysis For the Year Ended December 31

Salesperson	Contribution Margin	Variable Cost of Goods Sold as a Percent of Sales	Variable Selling Expenses as a Percent of Sales	Contribution Margin Ratio
Case	$Case	Case%	Case%	Case%
Dix	Dix	Dix%	Dix%	Dix%
Johnson	Johnson	Johnson%	Johnson%	Johnson%
LaFave	LaFave	LaFave%	LaFave%	LaFave%
Orcas	Orcas	Orcas%	Orcas%	Orcas%
Sussman	Sussman	Sussman%	Sussman%	Sussman%
Willbond	Willbond	Willbond%	Willbond%	Willbond%