Answer: C - Operating expenses budget and manufacturing overhead budget
Explanation:Operating expenses budget are budget made to reflect all a company's fixed expenses. The fixed costs are cost that do not vary. They are costs that are fixed monthly and they are; Salaries, rent, telephone, internet etc.
Manufacturing expenses budget are budget made to reflect a manufactures costs which vary in relation to the level of output .
They vary due to the no of manpower used as well as materials consumed per production. the variable costs includes; cost of raw materials and cost of packaging.