A Physician's Social Security Number Is Always Used on the CMS-1500

question 34

True/False

A physician's Social Security number is always used on the CMS-1500 claim form.

Understand the treatment of manufacturing overhead in the determination of the cost of goods available for sale.

Understand how the closing out of overapplied or underapplied manufacturing overhead affects cost of goods sold.

Learn the significance of actual versus estimated direct labor-hours in overhead application.

Identify and describe the components of manufacturing costs including direct materials, direct labor, and manufacturing overhead.