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.
In San Diego, the minimum hourly rate for a nanny is $15.00 per hour. Hourly rates may vary depending on (a) number of children, (b) location and (c) commuting time. As an employer, you pay the Nanny directly. Safe and Sound Nannies charges a one-time referral fee equal to one month of the nanny's wages. We require a 30 hour per week minimum. This fee is payable by credit card and can be divided into four monthly payments.