Average Cost (AVCO) Method. Average cost method (AVCO) calculates the cost of ending inventory and cost of goods sold for a period on the basis of weighted average cost per unit of inventory. Weighted average cost per unit is calculated using the following formula: Like FIFO and LIFO methods, AVCO is also applied differently in periodic inventory system and perpetual inventory system. In periodic inventory system, weighted average cost per unit is calculated for the entire class of inventory.
Spaghetti aglio e olio â (spaghetti with garlic and oil in Italian), a traditional Italian pasta dish coming from Naples. Spaghetti alla puttanesca â (literally spaghetti whore-style in Italian), a tangy, somewhat salty Italian pasta dish invented in the mid-20th century.
A gemstone carved in intaglio. Printing done with a plate bearing an image in intaglio. A die incised so as to produce a design in relief. Origin of intaglio. Italian from intagliare to engrave in-in ( from Latin; see in-2. ) tagliare to cut ( from Vulgar Latin talliÄre) ( from Late Latin tÄliÄre; see tailor. )