Notice that the goods available for sale are âallocatedâ to ending inventory and cost of goods sold. In the graphic, the inventory appears as physical units. But, in a companyâs accounting records, this flow must be translated into units of money. The following graphic illustrates this allocation process.
Average cost: Of all childcare options, in-home care is the priciest. On average, according to Payscale, an in-home nanny (who doesnât live with you) earns $13.36 per hour, but this varies wildly by location. In general, because the cost of living is higher in metropolitan areas, nannies get paid more there. If you want someone trained in CPR or a nanny with a degree in child education or development, expect to pay more. In Chicago, where I live, the going rate is $14 per hour.
View tuition cost estimates for 21-month program at Chicago Booth. Financial aid is available for qualified applicants. Program fees cover tuition, all books and course materials, some meals, and hotel accommodations for overseas residential weeks. Air travel is not included.