Estimating Training Expenses Training and development programs can create value for companies. In the short$-$term, at least, training programs represent a monetary cost. Consider the following example of training costs: $-$ Program development $($e$.$g$.,$ salaries and benefits $[$health insurance$]$ of personnel, equipment$)$: $$30,000-$ Direct training program implementation $($e$.$g$.,$ training materials, technology costs, facilities, travel, instructor's salary and benefits$)$: $$12,500-$ Indirect $($e$.$g$.,$ overhead $[$cost of utilities$],$ general and administrative $[$e$.$g$.,$ staff time to schedule training facilities registering employees for training sessions$])$: $$95,000-$ Hourly pay for all employees who are participating in training activities: $$280,000-$ Lost productivity whille employees are participating in the training activities: $$180,000$ The total cost of training based on the current expenses is: $\backslash$$ $($Round your answers to the nearest hundredths place.$)$