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 $424,000 $203,520 $55,120 Dix 342,000 177,840 54,720 Johnson 426,000 247,080 63,900 LaFave 609,000 280,140 133,980 Orcas 534,000 234,960 85,440 Sussman 572,000 268,840 91,520 Willbond 535,000 272,850 74,900 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 Contribution Variable Cost of Goods Variable Selling Expenses Contribution Margin Salesperson Margin Sold as a Percent of as a Percent of Ratio Sales Sales % % % Case % % Dix % P/ %%% Johnson % P % LaFave % Orcas % 1% %% Sussman