The fixed-overhead budget and volume variances are: 
Definitions:
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay.
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.
Competitive Market
A market structure characterized by many buyers and sellers, free entry and exit, and a product for which each seller offers an essentially identical item.
Efficient Outcomes
An economic condition whereby resources are allocated in the most effective manner, maximizing overall welfare.
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