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 popular Christmas food in Emilia-Romagna and the north: filled pasta. After youâve (ahem) refrained from indulging on Christmas Eve, youâre allowed to really tuck in on Christmas Day. Lunch is the main meal. Pasta in brodo âpasta in brothâis a common kickoff to the meal across Italy, but particularly in the north. In Bologna, itâs all about meat-filled tortellini in capon (eel) broth; in Ferrara, the pastaâs stuffed with pumpkin filling.