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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
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 Dix $494,000 449,000 $242,060 $69,160 143,680 67,350 Johnson 445,000 235,850 84,550 LaFave 466,000 172,420 88,540 Orcas 566,000 322,620 79,240) Sussman 390,000 Willbond 362,000 175,500 188,240 81,900 61,540 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. G
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