Question: 11) Please be very clear with your answer. please put a box around each section,Thank you! Salespersons Report and Analysis Walthman Industries Inc. employs seven

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: Total Variable Cost of Goods Variable Selling Salesperson Sales Sold Expenses Case $366,000 $186,660 $54,900 Dix 330,000 151,800 42,900 Johnson 338,000 162,240 54,080 LaFave 551,000 242,440 115,710 Orcas 504,000 277,200 85,680 Sussman 566,000 198,100 73,580 Willbond 566,000 294,320 113,200 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. Enten all amounts as positive numbers. Waltham Industries Inc. Salespersons' Analysis For the Year Ended December 31 Salesperson Contribution Margin Variable Cost of Goods Variable Selling Expenses Contribution Margir Sold as a Percent of Sales as a Percent of Sales Ratio Case Dix Johnson LaFave Orcas Sussman Willbond 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 cales compared with hudaeted sales 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
