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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 $341,000 $146,630 $71,610 Dix 462,000 249,480 78,540 Johnson 580,000 226,200 92,800 LaFave 409,000 134,970 65,440 Orcas 402,000 196,980 52,260 Sussman 585,000 87,750 187,200 281,340 Willbond 521,000 88,570 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 yo % % Johnson % % % % La Fave yo % % Orcas % % % Sussman % % Willbond % % %

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