Five employees attended a 3-day training to learn about a new product. Release Time: \( \$ 480 \) per day Instructional Materials: \( \$ 80 \) per person Food: \( \$ 45 \) per person Travel: \( \$ 250 \) per person What was the total cost of release time? Release Instructional Food Travel Total Time Materials Expenses Expenses Cost Tring \( \$[?]+\$ \square+\$ \square \)

To find the total cost of release time, you would multiply the daily release cost by the number of days and the number of employees. With the daily release time at \( \$480 \) for 3 days and 5 employees, the calculation is: Total Release Time Cost = \( 480 \, \text{(Release Time per day)} \times 3 \, \text{(days)} = 1440 \). That means the total cost for the release time alone is \( \$1440 \). If we break it down further, you might find it interesting that training is essential in ensuring employees are up to speed with new products. Effective training can improve employee satisfaction and productivity, leading to a more profitable business in the long run. Invest in training, and you won't just gain a well-informed team but also allies in your company’s mission!