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Hi I need help with questions 1 through 3? 7:43 1 .nl '45 C} a v2.cengagenow.com Salespersons' Report and Analysis Walthman Industries Inc. employs seven

Hi I need help with questions 1 through 3?

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7:43 1 .nl '45\" C} a v2.cengagenow.com Salespersons' Report and Analysis Walthman 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 $341,000 $170,500 $68,200 Dix 376,000 127,840 67,680 Johnson 588,000 211,500 99,950 LaFave 341,000 109,120 68,200 Orcas 551,000 176,320 93,570 Sussman 607,000 321,710 115,330 Willbond 606,000 193,920 90,900 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. Wallharn Industries Inc. Salespersons' Analysis For the Year Ended December 31 Variable Cost of Variable Selling 5 Contribution Goods Expenses alesperson Margin Sold as a Percent as a Percent of :33" of Sales Sales Johnson C] C] % [:] "In C] % LaFave C] C] \"/0 I: % C] % 0.... l: [:1 % Cl 0. Cl % Sussman S C] "/0 C] \"/0 :1 \" Willbond [:] [:] % C] % C] 0/. 2. Which salesperson generated the highest contribution margin ratio for the year? 1 3. Identify the factors other than contribution margin that should be considered in evaluating the performance of salespersons. 1. Rate of growth in sales for the current year compared with past years Years of experience for salespersons Size of sales territory Actual sales compared with budgeted sales All of the above 7 91:59!"

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