And let's say you sold 500 shirts during the year. Let's look at costs of products sold under each of these methods. FIFO stands for first in-first out and it costs goods on the assumption that the first goods bought are the first goods sold. So the first 500 shirts bought would be costed under FIFO at $2,545.
Synonyms for Wow: wow (noun) riot, scream, belly laugh, howler, sidesplitter, thigh-slapper. Other synonyms: absorb, acquire, amuse,
A literal interpretation of the Wow factor is a customer experience with your product or service that causes her to immediately say or think Wow! because of her pleasant surprise. This experience is sometimes referred to in marketing as a moment of magic.