Bob Carlton Golf Course estimates the following labor requirements for its services over the next two years:

Quarter: 1 2 3 4 5 6 7 8

Demand (hours): 4400, 6400, 3200, 5200, 4400, 6400, 3700, 5000

Each certified instructor dedicates 500 hours per quarter of regular time and may work an additional 120 hours of overtime. Regular time wages and benefits cost Carlton $7,200 per employee per quarter for regular time worked up to 500 hours, with an overtime cost of $20 per hour. Regular unused time for certified instructors is paid at $15 per hour. There is no cost for unused overtime capacity. The cost to hire, train, and certify a new employee is $10,000. Termination costs are $4,000 per employee. Currently 8 employees work in this capacity.

Use a chase strategy that varies the level of the workforce without using overtime or overtime. What is the total cost of this plan?