Question

A florida law firm looked for an attorney. advertising expenses totaled $13,500 and interviewing expenses, including travel for two of the candidates, totaled $1,450. they selected maya angelou. hiring expenses included $4,500 in moving costs and a 7% realtor's fee on the selling price of maya's home. the home sold for $345,980. what was the total recruiting cost?

(A) $41,592.60
(B) $46,521.20
(C) $43,668.60
(D) $47,639.02

Answer 1

The total recruiting cost is C) $43,668.60.

Step-by-step explanation:

The total recruiting cost can be calculated by adding up the advertising expenses, interviewing expenses, moving costs, and realtor's fee. In this case, the advertising expenses were $13,500, the interviewing expenses were $1,450, the moving costs were $4,500, and the realtor's fee was 7% of the selling price of Maya's home, which was $345,980. So the realtor's fee would be 7% x $345,980 = $24,217.60. Adding up all these costs, the total recruiting cost would be $13,500 + $1,450 + $4,500 + $24,217.60 = $43,668.60.