SOLUTION: Find the total recruiting cost, given the following expenses. Express your answer in whole dollars. Advertising expenses: $1,456 Interviewing expenses: $1,290 for the first can

Algebra ->  Finance -> SOLUTION: Find the total recruiting cost, given the following expenses. Express your answer in whole dollars. Advertising expenses: $1,456 Interviewing expenses: $1,290 for the first can      Log On


   



Question 1081607: Find the total recruiting cost, given the following expenses. Express your answer in whole dollars.
Advertising expenses: $1,456
Interviewing expenses: $1,290 for the first candidate and $1,390 for the second candidate
Moving expenses: $4,500 for the person hired

Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
advertising expenses are equal to 1456
interviewing expenses are equal to 1290 for the first candidate and 1390 for the second candidate.
moving expenses are equal to 4500 for the person hired.

total recruiting cost would be:

1456 for advertising
1290 for interviewing the first candidate.
1390 for interviewing the second candidate.
4500 for the person hired.

total costs would be equal to the sum of all these expenses = 8636.

you paid for the advertising whether you hired a person or not.
you paid for the interviewing wehether you hired the first person interviewed or the second person interviewed.
you paid for the moving expenses whether you hired the first person interviewed or the second person interviewed.

the assumption is that you did hire one of these two persons.

as far as i can see, you're stuck for the whole cost, regardless of which person you hire.