$($C$2024$ Capsim Management Simulations, Inc.$()$

Assume Chester Corp. is downsizing the size of their workforce by $20\%($to the nearest person$)$ next year from various strategic initiatives. Chester is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $$100$ per employee in additional to normal separation costs of $$5000.$ How much will the company pay in separation costs if these $lon$ interviews are implemented next year?

Select: $1$

$$675,240$

$$2,700,960$

$$1,112,160$

$$278,040$