Malinta Corporation has been experiencing negative optating results in the last six quarters. Its most recent income sti emit is allows: Sales P 6,300.000 Less: Variable costs 3.474.000 Contribution margin 2.826,000 Less: Fixed costs 2.900.000 Net income P ( 80,000) The company operates three product lines which has the following related data: Product 1 Product 2 Product 3 Total Sales P1,200,000 P2.100,000 P3,000,000 P6,300,000 Controllable direct fixed costs 220,000 880,000 800,000 1,900,000 Allocated fixed costs 102,000 102,000 102,000 306.000 Noncontrollable direct fixed costs 220,000 100,000 800,000 1.120.000 Variable cost ratio 56% 64% Required: Compute the segment margin for each of the product lines and the total for the corporation Evaluate the data. 42% Guide questions in the activity: 1. Which product line has the best performance in terms of peso amount? 2. Who among the product line managers has the best performance in terms of controllable margin