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nearest whole number. Enter all amounts as positive numbers Salespersons' Report and Analysis Waltham Industries Inc. employs seven salespersons to sell and distribute its product
nearest whole number. Enter all amounts as positive numbers
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: 111,680 252,300 163,590 231,650 240,540 213,120 Salesperson Case Johnson La Fave Orcas Sussman Willbond Req uired: Total Sales $429,000 349,000 435,000 399,000 565,000 422,000 444,000 Variable Cost of Goods Sold $154,440 Variable Selling Expenses $81,510 73,290 so,goo 55,860 73,450 92,840 62,160 I. 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 Johnson La Fave Orcas Sussman Willbond Variable Cost of Goods Contribution Margin Sold as a Percent of Sales Variable Selling Expenses Contribution Margin as a Percent of Sales
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