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.
At $3.115 a gallon, costs for gasoline in the Chicago area were 37.0 cents higher than the national average of $2.745 a gallon in August 2015. Gasoline prices in Chicago have been higher than the national average in the prior four years (2011-2014) in August, ranging from 9.5 cents in 2014 to 46.1 cents in 2012.hicago area households paid an average of 16.1 cents per kilowatt hour (kWh) of electricity in August 2015, comparable to the 16.2 cents per kWh paid in August 2014. The average cost of utility (piped) gas at 79.3 cents per therm in August was down from $1.122 per therm a year earlier.