To determine the total recruiting expense, we need to consider all the costs outlined in the problem. Let's break down each expense one by one.
### 1. Interview Costs
The company interviewed 3 candidates. The cost for each interview is \[tex]$2,000 per person.
\[
\text{Interview Costs} = 3 \text{ candidates} \times \$[/tex]2,000/\text{candidate} = \[tex]$6,000
\]
### 2. Job Posting Fee
The job posting fee is a fixed cost of \$[/tex]1,000.
[tex]\[
\text{Job Posting Fee} = \$1,000
\][/tex]
### 3. First Year Fee
The first year fee is 10% of the employee's salary. The employee's salary is \[tex]$120,000.
\[
\text{First Year Fee} = 10\% \times \$[/tex]120,000 = 0.10 \times \[tex]$120,000 = \$[/tex]12,000
\]
### 4. Real Estate Fee
The real estate fee is 6% of the house sales price. The house was sold for \[tex]$350,000.
\[
\text{Real Estate Fee} = 6\% \times \$[/tex]350,000 = 0.06 \times \[tex]$350,000 = \$[/tex]21,000
\]
### 5. Shipping Fee
The shipping fee is a fixed cost of \[tex]$4,000.
\[
\text{Shipping Fee} = \$[/tex]4,000
\]
### 6. Family Travel Cost
The employee's family consists of 4 members. The travel cost is \[tex]$400 per person.
\[
\text{Family Travel Cost} = 4 \text{ family members} \times \$[/tex]400/\text{person} = \[tex]$1,600
\]
### Total Recruiting Expense
Now, sum up all these individual expenses to get the total recruiting expense:
\[
\text{Total Recruiting Expense} = \text{Interview Costs} + \text{Job Posting Fee} + \text{First Year Fee} + \text{Real Estate Fee} + \text{Shipping Fee} + \text{Family Travel Cost}
\]
\[
\text{Total Recruiting Expense} = \$[/tex]6,000 + \[tex]$1,000 + \$[/tex]12,000 + \[tex]$21,000 + \$[/tex]4,000 + \[tex]$1,600 = \$[/tex]45,600
\]
Thus, the total recruiting expense for the company amounts to \$45,600.
