ISOPLATER 180 Sample Financial Justification Analysis
				MANUAL		ISOPLATER	ISOPLATER SAVINGS
				Nichrome Loop	Disposable Loop		Nichrome Loop	Disposable Loop
Capital Investment - US Dollars				$0.00	$0.00	$52,500.00
Expected Life (Years)				0	0	10+
Volume (Petri plates/day)			720 (4 hours/day operation)	720	720	720
	LABOR - TECHNICIANS			3 Dishes/min	6 Dishes/min	3 Dishes/min
Time required (hrs.)		- Primary Culture Streaking		2.64	1.36	0.00
		- Subculture Streaking		0.26	0.14	0.00
		- Other (Repeats, overtime, etc.)		0.26	0.26	0.00
Hourly Wage rate		- Including Benefits		$18.00	$18.00	$0.00
Cost per Day		- Labor Hours X Hourly Wage Rate		$57.02	$31.68	$0.00
Cost per Day		- Cost per Day X 365 Days		$20,813.76	$11,563.20	$0.00	$20,813.76	11,563.20
	LABOR - TECHNOLOGISTS			3 Dishes/min	6 Dishes/min	3 Dishes/min
Time required (hrs.)		- Primary Culture Streaking		0.40	0.20	0.00
		- Subculture Streaking		0.79	0.41	0.00
		- Other (Reading, Repeats, overtime, etc.)		1.19	1.19	0.00
Hourly Wage rate		- Including Benefits		$25.00	$25.00	$0.00
Cost per Day		- Labor Hours X Hourly Wage Rate		$59.40	$45.00	$0.00
Cost per Day		- Cost per Day X 365 Days		$21,681.00	$16,425.00	$0.00	$21,681.00	16,425.00
	MATERIAL
Nichrome Loops, Gloves, etc.				$500.00	$500.00	$0.00
Disposable Spreaders ($.05 x (# plates) X 365 Days)				$0.00	$13,140.00	$0.00
Incinerators, Bunsen Burner, Air Conditioning, etc.				$500.00	$500.00	$0.00
Isoloops (@ 15,000 Plates/Set of Isoloops ($215.00))				$0.00	$0.00	$941.70
Miscellaneous (HEPA FIlter, belts, etc.)				$0.00	$0.00	$200.00
Material per Year				$1,000.00	$14,140.00	$1,141.70	($141.70)	12,998.30
	OTHER COSTS (Optional)
Service Contract @ 10% List (Optional - n/c 1st yr. (5 yr. Ave.))				$0.00	$0.00	$4,200.00
Depreciation (Cost x 20% / yr. (5 year average))				$0.00	$0.00	$7,059.36