Netherfield Ltd is considering a contract to produce a particular product. The product will require the use of eight hours skilled labour and four hours semi-skilled labour. The skilled employee is paid 16 per hour and is currently employed on other work. Someone would need to be recruited on a temporary basis to do this other work at a cost of 18 per hour. A semi-skilled employee is available to help produce the product and is paid 13 per hour. There is currently no other work for this employee. What is the relevant labour cost of this contract?