a company hires an employee with a family of 5 for a salary of $130,000 over 2 other candidates. if the…

a company hires an employee with a family of 5 for a salary of $130,000 over 2 other candidates. if the employee sold her house for $360,000, what is the total recruiting expense?\n\nrecruitment costs\ninterview costs: $2,000 per person\njob posting fee: $1,000\n1st year fee: 10%\nreal estate fee: 6% of sales price\nshipping fee: $4,000\nfamily travel cost: $400 per person

a company hires an employee with a family of 5 for a salary of $130,000 over 2 other candidates. if the employee sold her house for $360,000, what is the total recruiting expense?\n\nrecruitment costs\ninterview costs: $2,000 per person\njob posting fee: $1,000\n1st year fee: 10%\nreal estate fee: 6% of sales price\nshipping fee: $4,000\nfamily travel cost: $400 per person

Answer

Answer:

$65,400

Explanation:

Step1: Calculate interview costs

$2000\times3 = 6000$ (3 candidates were interviewed)

Step2: Add job - posting fee

$6000+1000 = 7000$

Step3: Calculate 1st year fee

$130000\times0.1=13000$

Step4: Calculate real - estate fee

$360000\times0.06 = 21600$

Step5: Add shipping fee

$7000 + 13000+21600+4000=45600$

Step6: Calculate family travel cost

$400\times5 = 2000$

Step7: Calculate total recruiting expense

$45600+20000 = 65400$