Abalanced budget refers to:
a. a budget in which revenues are equal to spending.
c. consumption expenditures plus investment expenditures plus government expenditures.
b. a budget in which marginal revenue is equal to marginal cost.
d. a budget that increases the national debt.

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: