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.
A pass-through entity is a non-federal entity that provides a federal award to a subrecipient to carry out a federal program. Corrections to Procedures : Transactions involving Higher Education institutions should continue to use Fund 0301 for federal funds, not Fund 1000 as stated in the procedures. Agencies and institutions that use Fund 0401 for federally funded transportation transactions should continue to use Fund 0401, not Fund 1000 as stated in the procedures.