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 $321,000 $128,400 $70,620 Dix 627,000 263,340 137,940 Johnson 397,000 202,470 79,400 LaFave 372,000 178,560 70,680 Orcas 393,000 208,290 74,670 Sussman 503,000 Willbond 587,000- 176,050 275,890 75,450 117,400 Required: 1. Prepare a table indiating 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 Variable Cost of Goods Salesperson Contribution Margin Sold as a Percent of Sales Variable Selling Expenses Contribution Margin Ratio as a Percent of Sales Case Dix Johnson LaFave Orcas Previous Next All work saved. Email Instructor Submit Test for Grading