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ATP synthesis occurs
July
The seventh month of the year in the Gregorian calendar, commonly associated with the height of summer in the Northern Hemisphere.
Variable Overhead Efficiency Variance
A measurement of the difference between the expected (or standard) amount of variable overhead based on actual output and the actual variable overhead incurred.
Supplies
Items used in the operation of a business, not directly tied to the product being sold but necessary for its production or administration.
Flexible Budget
A budget that adjusts or varies with changes in the volume of activity, revenue, or other factors influencing budgetary needs.
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