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: Required 1. Prepare a table indicating contrbution marpin, variable cost of goods sold as a percent of males, variable seling expenses as a percent of saves, and contritution marnin ratio bv salesoerson. Round percents to the nearest whole number. tinter al arsounts as posiltye numbers. 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. Walthman Industries Inc. Salespersons' Analysis 2. Which salesperson generated the highest contribution margin ratio for the year? 3. Identify the factors other than contribution margin that should be considered in evaluating the performance of salespersans. 1. Rate of growth in saies for the current year compared with past years 2. Years of experience for salespersons 3. Size of sales territory 2. Which salesperson generated the highest contribution margin ratio for the year? 3. Identify the factors other than contribution margin that should be considered in evaluating the performance of salespersons. 1. Rate of growth in sales for the current year compared with past years 2. Years of experience for salespersons 3. Size of saies territory 4. Actual sales compared with budgeted sales 5. All of the above