Jessica Company produces two models of garage door openers, Standard and Supreme. The company expects to sell 1,800 units of the Standard model and 600 units of the Supreme model (or a sales mix of 3:1). A projected income statement for the firm as a whole for 2021 follows: Jessica Company Projected Income Statement For the Year Ended Dec. 31, 2021 Sales revenue P600,000 Less: Variable costs 360,000 Contribution margin P240,000 Less: Fixed costs (total) 60,000 Net income P180,000