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.
The word gobo is used in the world of light and lighting to mean a shaped template which is held in front of a light source to form a particular image in the light beam.The origins of the word are not proven but some sources quote it as possibly being an acronym for graphical optical black out (Wickipedia.org).he word gobo is used in the world of light and lighting to mean a shaped template which is held in front of a light source to form a particular image in the light beam.