eBook 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: Variable Cost of Goods Sold $177,140 Variable Selling Salesperson Total Sales Expenses Case $521,000 $114,620 Dix 613,000 281,980 134,860 Johnson 542,000 314,360 75,880 LaFave 612,000 263,160 104,040 Orcas 630,000 359,100 113,400 Sussman 375,000 172,500 Willbond 625,000 281,250 48,750 93,750 Required: 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. Salesperson Contribution Margin Waltham Industries Inc. Salespersons' Analysis) For the Year Ended December 311 Variable Cost of Goods Sold as a Percent of Sales Variable Selling Expenses Contribution Margin as a Percent of Sales Ratio Case Check My Work 24% 2: % Previous eBook Johnson 542,000 314,360 75,880 LaFave 612,000 263,160 104,040 Orcas 630,000 359,100 113,400 Sussman 375,000 172,500 Willbond 625,000 281,250 48,750 93,750 Required: 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 Variable Cost of Goods Variable Selling Expenses Contribution Margin Salesperson Contribution Margin Sold as a Percent of Sales as a Percent of Sales Ratio Case Dix 34% 22 % % 46 % 22 % % Johnson % 14 % LaFave 435% 17 Orcas 57 % 10 Sussman 46 % 13 Willbond 45 % 15 Feedback