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Sa espersons Report and Analysis wa shman Industrias Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports
Sa espersons Report and Analysis wa shman Industrias Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersors during the year ended December 31 are as follows: Salesperson Total Sales Variable Cast of Goods Sold Variable Selling Expenses $369 000 $194.500 $70,020 Dix 459,000 247,050 87,210 Johnson 322,000 148,120 70,840 La Fave 365.000 142,350 69,350 Orcas 345,000 152,240 55,360 Sussman 385,000 146,300 ao, a50 , Willbond 427,000 200.690 72,590 Required: 1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable calling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percants to the nearest whole number. Enter all amounts as positive numbers Waltham Industries Inc. Salespersons' Analysis For the Year Ended December 31 Contribution Margin Variable Cost of Goods Sold as a Percent of Sales Variable Selling Expenses as a Percent of Sales Contribution Margin Ratio 96 Salesperson Case Dix Johnson 06 La Fave Orcas h Sussman 990 00 Willbond 2. Which Salesperson generated the highest contribution margin ratio for the year? 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 2. Years of experience for salespersons 3. Size of sales territory 4. Actual sales compared with budgeted sales 5. All of the above
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