Thus, the moving average cost of the green widgets was $5 per unit at the beginning of the month, and $5.88 at the end of the month. We will repeat the example, but now include several sales. Remember that we recalculate the moving average after every transaction.
Finally, pass-through billing is an arrangement in which a laboratory tests samples provided by a physician for a fee, and allows the physician to profit by billing payers directly for the laboratory services for more than the physician paid the laboratory. This approach is typically avoided for Medicare and Medicaid patients by most physicians.
What is stainless steel passivation? Passivation is the process of treating or coating a metal in order to reduce the chemical reactivity of its surface. In stainless steel, passivation means removing the free iron from the surface of the metal using an acid solution to prevent rust. When the surface iron is removed, the other components of the alloy (primarily chromium, often nickel as well) are left behind as a surface layer over the underlying steel.