The Physician Has Ordered a Number of Laboratory Tests for a Patient

question 39

Essay

The physician has ordered a number of laboratory tests for a patient, and you must make sure you are obtaining the blood samples in the correct order. Summarize the proper order of draw for a multitube procedure.

---

Definitions:

Equivalent Unit

A measure used in process costing that converts partially completed units into a smaller number of fully completed units.

Conversion Costs

The combined cost of direct labor and manufacturing overheads involved in converting raw materials into finished goods.

Weighted-Average Cost Method

A costing method that assigns the cost of inventory based on the average cost of all similar items in the inventory, regardless of when they were purchased.

Blending Department

A part of a manufacturing process where ingredients are combined according to specific recipes to produce a final product.