Waltham Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersions during the year ended December 31 are as follows: Salesperson Case Dix Johnson LaFave Orcas Sussman Willbond Required: Total Sales $361,000 593,000 Case 438,000 582,000 620,000 411,000 471,000 Variable Cost of Goods Sold $129,960 201,620 162,060 314,280- 359,600 131,520- 226,080 Variable Selling Expenses $72,200 100,810 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 contribubon 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 65,700 87,300 93,000 65,760 89,490 Variable Selling Expenses Contribution Margin as a Percent of Sales Ratio engageNCWV2 | Online teach X takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator &inprogress-false Maps Accounting Book eBook Case 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. Salesperson Contribution Margin, Diox Johnson Lafave Orcas Sussman Willbond + Feedback Check My Work Calculate: Salespersons Analysis For the Year Ended December 31 Variable Cost of Goods Sold as a Percent of Sales Check My Work 96 Search Variable Selling Expenses Contribution Margin as a Percent of Sales Ratio % % Column 1: Contribution margin Total sales-(Variable cost of goods sold + Variable selling expenses) Column 2: Variable cost of goods sold as a percent of sales - Variable cost of goods sold/Total sales Column 3: Variable selling expenses as a percent of sales Variable selling expenses/Total sales % 3 12 A Email Instructor Save and Exit Previous * Submit Assignment for Grading 40 D 10:34 PM PRAONI