In class we discussed how to calculate and interpret salesperson contribution to profit. Gross margin on sales generated in Luis's territory amounts to $4.8 million. Using the following information, calculate the contribution to profit in his territory. Luis' commissions $55,000 Luis' auto lease (paid by company) $8,000 District manager's salary $145,000 District Branch Office Expenses $140,000 Luis' salary $90,000 Luis' food and lodging expenses $55,000 Luts' mileage reimbursements $35,000 Continuing to use the information provided about Luis'territory, calculate his selling expense ratio. 4.40% 5.67% 4.06% 3.22% 2.02% In class we discussed how to calculate and interpret salesperson contribution to profit. Gross margin on sales generated in Luis's territory amounts to $4.8 million. Using the following information, calculate the contribution to profit in his territory. Luis' commissions $55,000 Luis' auto lease (paid by company) $8,000 District manager's salary $145,000 District Branch Office Expenses $140,000 Luis' salary $90,000 Luis' food and lodging expenses $55,000 Luts' mileage reimbursements $35,000 Continuing to use the information provided about Luis'territory, calculate his selling expense ratio. 4.40% 5.67% 4.06% 3.22% 2.02%