pa 16. lo 7.5titanium blades refines titanium for use in all brands of razor blades. it prepared a static budget for the sales of 5,000 units. these variances were observed: actual results and variances, respectively: sales $150,000, $25,000 favorable; variable expenses 77,800, 12,800 unfavorable; fixed expenses 70,300, 300 unfavorable; net income (loss) 1,900, 11,900 unfavorable. determine the static budget and use the information to prepare a flexible budget and analysis for the 6,000 units actually sold.