espersons Report and Analysis althman Industries incomploys oven salesperson to sell and distribute its product throughout the state Data taken from reports received from the salespersons uring the year ended December 31 are as follows: Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses Case $496,000 5168,640 379,360 | Dix 580,000 307.400 98,600 Johnson 341,000 167,090 44,330 Lave 542.000 178,560 75,880 Orcas 340.000 180.200 44,200 Sussman 357.000 120,520 71,400 Willbond 402.000 213,050 60,300 Required: 1. Prepare table indicating contribution margin, worate cost of lucios sole as a percent of sales, variable selling expenses as a percent of sales and contribution margin ratio by sercon Round percent 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 Sold Percent of sales Variable Cost of Goods Variable Selling Expenses Contribution Margin Percent of Sales Hati O Law ON Required: 1. Prepare a table indicating contribution margin, vitable 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 Sold as a Percent of Sales Variable Cost of Goods Variable Selling Expenses Contribution Margin as a Percent of Sales Ratio Case Di Johnson k Lave Orcas Sussman Wond 2. With salesperson generated the highest contribution margin ratio for the year 3. Identity the factors other than contritition margin that should be considered in evaluating the performance of salespersons 1. te of growth in sales for the current year compared with past years 2 Years of experience for salespersons 3 of 4. Actual compared with budgeted 5. All of the above