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Salespersons Report and Analysis Walthman Industries Inc. emoloys seven salespersons to sell and distribute its product throughout the state. Dota taken from reports received from

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Salespersons Report and Analysis Walthman Industries Inc. emoloys seven salespersons to sell and distribute its product throughout the state. Dota 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 $456,000 5186,960 391,200 Dix 350,000 199,500 77,000 Johnson 589,000 335,730 94,240 LaFave 549,000 279.990 115,290 Orcas 586,000 269,560 99,620 Sussman 320,000 124.00 67,200 Wabond 519,000 228,360 100,990 Required: 1. Prepare a table indicating contribution margin variable cost of goods as a percent of sales variable selling exposes as a percent of sales and contribution margin ratio by salesperso. Round percents to the nearest whole number. Enter all amounts as positive numbers. Waltham Industries Inc. Salespersons Analysis For the Year Ended December 31 Variable Cost of Goods Variable Selling Expenses Contribution Margin Salesperson Contribution Margin Sold as a Percent of Sales as a Percent of Sales Ratio Cate 2. Which salesperson generated the highest contribution margin ratio for the year? dropdown 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 Wales territory 4. Actual sales compared with budgeted sales 5. All of the above

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