The weighted average cost method is most commonly used in manufacturing businesses where inventories are piled or mixed together and cannot be differentiated, such as chemicals, oils, etc. Chemicals bought two months ago cannot be differentiated from those bought yesterday, as they are all mixed together.
What is a Gobo Root? Gobo is Japanese for burdock, which is a hairy taproot that can grow up to 4 feet in length. It originated in China where it was used as a medicine, and was then later introduced to Japan where it became a delicacy. The slender roots have a white flesh with brown covering that is edible after being scrubbed clean.
Munggo or Mung bean (or even green bean to some) is a seed of Vigna radiata, a plant native to India and Pakistan. Since the plant originated in Asia, it was easy to spread along the nearby countries. This seed became a hit when it reached the Philippines.