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 $377,000 $135,720 $64,090 Dix 396,000 190,080 75,240 Johnson 354,000 145,140 67,260 La Fave 361,000 119,130 75,810 Orcas 510,000 178,500 71,400 Sussman 571,000 256,950 102,780 Willbond 482,000 279,560 62,660 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 Variable Selling Expenses Contribution Margin Sold as a Percent of Sales as a Percent of Sales Ratio % % % % % % Salesperson Contribution Margin Case Dix Johnson % % % LaFave % % % Orcas % % % Sussman % % % Willbond % % % 2. Which salesperson generated the highest contribution margin ratio for the year? LaFave