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.
The Stainless Steel Passivation Process. Passivation of metal, similar to electropolishing, is a metal finishing operation that many industries specify for their parts. Passivation is a chemical process designed to increase the corrosion resistance of stainless steel parts. To passivate stainless steel parts, the parts are placed in a basket and submerged in a nitric or citric acid bath.