a company hires an employee with a family of 4 for a salary of $140,000 over 3 other candidates. if the…

a company hires an employee with a family of 4 for a salary of $140,000 over 3 other candidates. if the employee sold her house for $330,000, what is the total recruiting expense?\n\n|recruitment costs| |\n|--|--|\n|interview costs|$2,000 per person|\n|job posting fee|$1,000|\n|1st year fee|10%|\n|real estate fee|6% of sales price|\n|shipping fee|$4,000|\n|family travel cost|$400 per person|

a company hires an employee with a family of 4 for a salary of $140,000 over 3 other candidates. if the employee sold her house for $330,000, what is the total recruiting expense?\n\n|recruitment costs| |\n|--|--|\n|interview costs|$2,000 per person|\n|job posting fee|$1,000|\n|1st year fee|10%|\n|real estate fee|6% of sales price|\n|shipping fee|$4,000|\n|family travel cost|$400 per person|

Answer

Explanation:

Step1: Calculate interview costs

There are 4 candidates (the hired - one and 3 others), so the interview cost is $2000\times4 = 8000$.

Step2: Add job posting fee

The job posting fee is $1000$.

Step3: Calculate 1st - year fee

The 1st - year fee is 10% of the salary. The salary is $140000$, so the 1st - year fee is $0.1\times140000=14000$.

Step4: Calculate real - estate fee

The real - estate fee is 6% of the house - selling price. The house is sold for $330000$, so the real - estate fee is $0.06\times330000 = 19800$.

Step5: Add shipping fee

The shipping fee is $4000$.

Step6: Calculate family travel cost

The family has 4 people, and the family travel cost per person is $400$, so the family travel cost is $400\times4=1600$.

Step7: Calculate total recruiting expense

Add all the costs together: $8000 + 1000+14000+19800+4000+1600$. $8000+1000 = 9000$, $9000+14000 = 23000$, $23000+19800 = 42800$, $42800+4000 = 46800$, $46800+1600 = 48400$.

Answer:

$48400$