Seven employees attended a 5-day training to learn about a new product.
Release Time: $880 per day
Instructional Materials: $25 per person
Food: $95 per person
Travel: $275 per person
What was the total cost of travel expenses?
Answer (1)
Multiply the number of employees by the travel cost per person.
Perform the calculation: 7 × $275 = $1925 .
The total cost of travel expenses is $1925 .
Explanation
Understanding the Problem We are given that seven employees attended a training, and the travel cost per person is $275. To find the total cost of travel expenses, we need to multiply the number of employees by the travel cost per person.
Calculating Total Travel Expenses To calculate the total travel expenses, we multiply the number of employees (7) by the travel cost per person ($275): 7 × 275 = 1925
Final Answer The total cost of travel expenses for the seven employees is $1925.
Examples
Imagine you are organizing a conference and need to budget for travel expenses. Knowing the cost per attendee allows you to accurately estimate the total travel budget based on the number of participants. This calculation is crucial for financial planning and ensuring sufficient funds are allocated for travel. Understanding how to calculate total expenses based on individual costs is a fundamental skill in event planning and budgeting.
