Kator Co. is a manufacturer of industrial components. One of their products that is used as a subcomponent in auto manufacturing is KB-96. This product has the following financial structure per unit. Selling Price Direct materials Direct labor P150 P20 15 Variable manufacturing overhead 12 Fixed manufacturing overhead 30 3 Variable selling and administrative Fixed selling and administrative Total costs 10 P90 During the next year, KB-96 sales are expected to be 10,000 units. All of the costs will remain the same except for fixed manufacturing overhead, which will increase by 20 percent and material, which will increase by 10 percent. The selling price per unit for next year will be P160. Based on these data, the contribution margin from KB-96 for next year will be: P750,000 P1,100,000 P620,000 P1,080,000