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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

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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 $455,000 $154,700 $95,550 Dix 498,000 239,040 99,600 Johnson 420,000 193,200 88,200 La Fave 435,000 252,300 82,650 Orcas 556,000 83,400 316,920 147,840 Sussman 336,000 67,200 Willbond 523,000 167,360 104,600 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. Waltham Industries Inc. Salespersons' Analysis For the Year Ended December 31 Salesperson Contribution Margin Variable Cost of Goods Sold as a Percent of Sales Variable Selling Expenses as a Percent of Sales Contribution Margin Ratio Case % % % Dix % % % Johnson % % % LaFave % % % Orcas % % % Sussman % % % Willbond % % % Feedback Check My Work Calculate

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