a company hires an employee with a family of 5 for a salary of $140,000 over 3 other candidates. if the…

a company hires an employee with a family of 5 for a salary of $140,000 over 3 other candidates. if the employee sold her house for $310,000, 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 $140,000 over 3 other candidates. if the employee sold her house for $310,000, 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

Explanation:

Step1: Calculate interview costs

There are 4 candidates (hired + 3 others), so $2000\times4 = 8000$.

Step2: Add job - posting fee

$8000+1000 = 9000$.

Step3: Calculate 1st - year fee

$140000\times0.1=14000$, then $9000 + 14000=23000$.

Step4: Calculate real - estate fee

$310000\times0.06 = 18600$, then $23000+18600 = 41600$.

Step5: Add shipping fee

$41600 + 4000=45600$.

Step6: Calculate family travel cost

There are 5 family members, so $400\times5 = 2000$, then $45600+2000 = 47600$.

Answer:

$47600$