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.
Pasta (Italian pronunciation: [Ëpasta]) is a staple food of traditional Italian cuisine, with the first reference dating to 1154 in Sicily. It is also commonly used to refer to the variety of pasta dishes. Typically, pasta is a noodle made from an unleavened dough of a durum wheat flour mixed with water or eggs and formed into sheets or various shapes, then cooked by boiling or baking. It can also be made with flour from other cereals or grains.