Salespersons' Report and Analysis Walthman Industries Ine. 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 follovS Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses Case Dix Johnson LaFave Orcas Sussman Willbond 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. $372,000 534,000 513,000 450,000 412,000 523,000 545,000 $193,440 277,680 194,940 189,000 206,000 177,820 283,400 $63,240 112,140 87,210 94,500 74,160 99,370 98,100 Salespersons' Analysis For the Year Ended December 31 Salesperson Case Dix Johnson LaFave Orcas Sussman Willbond Contribution Margin Variable Cost of Goods Sold as a Percent of Sales Variable Selling Expenses as a Percent of Sales Contribution Margin Ratio 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 sales territory 4 Actual sales compared with budgeted sales 5. All of the above