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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 Dix Dohnson LaFave Orcas Sussman Willbond Required: 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 $399,000 503,000 506,000 419,000 536,000 518,000 569,000 $127,680 160,960 212,520 171,790 192,960 196,840 261,740 $55,860 95,570 65,780 92,180 69,680 67,340 125,180 all amounts as positive numbers

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