FIFO Example. You use the first in first out method where you assume the first item you buy is the first item you sell - i.e. items are in a queue You buy the first item for 100 and the second item for 200 - you then sell 1 item for 400. At balance date you would have: Sales of 400 Cost of Sales of 100 Profit of 300 Inventory of 200.
At nanometer size. Any device only a few nanometers in size is nanoscale. Nanotechnology is said to comprise elements less than 100 nanometers in size (100 nm). See nanotechnology and nanometer.
nanometer - a metric unit of length equal to one billionth of a meter. micromillimeter, micromillimetre, millimicron, nanometre, nm. metric linear unit - a linear unit of distance in metric terms.