To determine the total recruiting expense for the company, we need to consider all relevant costs associated with hiring the employee. Here are the detailed steps with their respective calculations:
1. Interview Costs:
- The company interviews 4 candidates, including the hired employee.
- The cost per interviewee is \[tex]$2,000.
- Total Interview Costs = 4 interviewees * \$[/tex]2,000 per interviewee = \[tex]$8,000.
2. Job Posting Fee:
- The fee to post the job is \$[/tex]1,000.
3. PST Year Fee:
- The PST year fee is 10% of the employee's salary.
- Employee's Salary = \[tex]$150,000.
- PST Year Fee = 10% of \$[/tex]150,000 = 0.10 * \[tex]$150,000 = \$[/tex]15,000.
4. Real Estate Fee:
- The fee is 6% of the house sale price.
- House Sale Price = \[tex]$350,000.
- Real Estate Fee = 6% of \$[/tex]350,000 = 0.06 * \[tex]$350,000 = \$[/tex]21,000.
5. Shipping Fee:
- The fee for shipping is \[tex]$4,000.
6. Family Travel Costs:
- The family consists of 5 members.
- The travel cost per person is \$[/tex]400.
- Total Family Travel Costs = 5 family members * \[tex]$400 per person = \$[/tex]2,000.
By summing these costs, we can find the total recruiting expense:
- Total Interview Costs = \[tex]$8,000
- Job Posting Fee = \$[/tex]1,000
- PST Year Fee = \[tex]$15,000
- Real Estate Fee = \$[/tex]21,000
- Shipping Fee = \[tex]$4,000
- Total Family Travel Costs = \$[/tex]2,000
Total Recruiting Expense:
[tex]\[
\text{Total Recruiting Expense} = \$8,000 + \$1,000 + \$15,000 + \$21,000 + \$4,000 + \$2,000 = \$51,000
\][/tex]
Therefore, the total recruiting expense for the company is \$51,000.
