Answer:
$3,642,000
Explanation:
Calculation for what would their total recruiting cost be
First step is to calculate the workforce complement after the 20% growth
Workforce complement= 506 *(1+0.20)
Workforce complement= 506*1.2
Workforce complement= 607
Second step is to calculate the total recruiting cost Using this formula
Total recruiting cost= Number of complements * ($1,000 + Recruiting spend)
Let plug in the formula for
Total recruiting cost= 607 * ($1,000 + $5,000)
Total recruiting cost= 607 * $6,000
Total recruiting cost= $3,642,000
Therefore what would their total recruiting cost be is $3,642,000
