PA16. LO 7.5 Titanium 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: Sales Variable expenses Fixed expenses Net income (loss) Actual Results $150,000 77,800 70,300 1,900 Variances $25,000 12,800 300 11,900 Favorable Unfavorable Unfavorable Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,000 units actually sold