A company is currently preparing a quotation for a new contract which will require 100 labour hours per week over the next eight weeks. Due to labour being in short supply, two scenarios are under consideration: (1) To pay existing staff an overtime premium of 50% for the duration of the contract. Existing staff are currently paid 26 per hour. (2) To recruit labour on a temporary basis for the contract duration. The rate per labour hour will be 30. What is the relevant cost of skilled labour to the company for this new contract?

A. $3,000

B. $3,900

C. $31,200

D. $24,000