Using the weighted average cost method, our closing inventory amounts to $1,059. This equates to a cost of $1.06 per lollypop ($1,059/1,000 lollypops). Oddly enough, the LIFO method is the preferred inventory valuation method in the United States but is disallowed in non-US countries.
A gobo (or GOBO) is a physical stencil or template slotted inside, or placed in front of, a lighting source, used to control the shape of emitted light.he spacing of the gobo and the lens may be varied to alter the size and focus of the image. A gobo in a gobo holder, which goes in a stage lighting instrument. The discolored portion is oxidation of the stainless steel caused by the high temperature of the lamp, but the gobo is still usable.
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