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.
Nanny care costs significantly less in, say, St. Louis than in Manhattan simply because the cost of living is lower there and so are wages. And daycare â whether in a center or in someone's home â could cost double or triple per month in a relatively expensive city compared to a cheaper area.o find an agency near you, call the hotline at (800) 424-2246 or visit the Child Care Aware website. The website features a helpful tool that tells you the average cost of home daycare and daycare centers in your zip code.