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 $382,000 $194,820 $57,300 Dix 476,000 157,080 76,160 Johnson 531,000 217,710 116,820 LaFave 498,000 258,960 99,600 Orcas 553,000 199,080 94,010 Sussman 582,000 325,920 87,300 Willbond 338,000 131,820 74,360 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. Variable Cost of Goods Salesperson Contribution Margin Sold as a Percent of Sales Variable Selling Expenses Contribution Margin as a Percent of Sales Ratio Case Dix