ISOPLATER 180
SAMPLE FINANCIAL JUSTIFICATION ANALYSIS
MANUAL
ISOPLATER
ISOPLATER
SAVINGS
    ____________________________________________________________
   
Standard Streak Loop
Disposable Loop
Standard Streak Loop

Disposable     Loop

    ____________________________________________________________
  Capital Investment - U.S. Dollars
$0.00
$0.00
$82,500.00
  Expected Life (Years) 
0
0
10+
  Volume (Petri plates/day)  1,440 (only 8 hrs/day operation)
1,440
1,440
1,440
 
 
  LABOR - TECHNICIANS

3 Dishes
/minute

6 Dishes
/minute
3 Dishes
/minute
  Time required (Hrs.)
- Primary Culture Streaking
5.28
2.72
0.00
 
- Subculture Streaking
0.53
0.27
0.00
 
- Other (repeats, overtime, etc.)
0.53
0.53
0.00
  Hourly Wage rate
- (including Benefits)
$18.00
$18.00
$0.00
  Cost per Day
- Labor Hours x Hourly Wage rate
$114.05
$63.36
$0.00
 
 
_________________________________
   
  Cost per Year
- Cost per Day x 365 Days
$41,627.52
$23,126.40
$0.00
$41,627.52
$23,126.40
 
 
  LABOR - TECHNOLOGISTS

3 Dishes
/minute

6 Dishes
/minute
3 Dishes
/minute
  Time required (Hrs.)
- Primary Culture Streaking
0.79
0.41
0.00
 
- Subculture Streaking
1.58
0.82
0.00
 
- Other (reading, repeats, overtime)
2.38
2.38
0.00
  Hourly Wage rate
- (including Benefits)
$25.00
$25.00
$0.00
  Cost per Day
- Labor Hours x Hourly Wage rate
$118.80
$90.00
$0.00
   
_________________________________
   
  Cost per Year
- Cost per Day x 365 Days
$43,362.00
$32,850.00
$0.00
$43,362.00
$32,850.00
  MATERIAL
  Nichrome Loops, Gloves, etc.
$500.00
$500.00
$0.00
  Disposable Spreaders ($0.05 x # plates x 365 days)
$0.00
$26,280.00
$0.00
  Incinerators, Bunsen Burner, Air Conditioning, etc.
$500.00
$500.00
$0.00
  Isoloops @ 15,000 Plates / set of Isoloops ($265.00)
$0.00
$0.00
$2,321.40
   
  Miscellaneous (HEPA Filter, belts, etc.)
$0.00
$0.00
$200.00
   
_________________________________
   
  Material per Year
 
$1000.00
$27,280.00
$2,521.40
($1,521.40)
$24,758.60
 
 
 
 
 
   
  OTHER COSTS (Optional)
 
 
 
   
  Service Contract @ 10% List
  (Optional - n/c 1st yr. (5 yr. avg.))
$0.00
$0.00
$6,600.00
   
  Depreciation (Cost x 20% / yr. (5 yr. average))
$0.00
$0.00
$11,093.28
   
_________________________________
   
  Other Costs per Year
$0.00
$0.00
$17,693.28
($17,693.28)
($17,693.28)
   

 
TOTALS
 
$85,989.52
$83,256.40
$20,214.68
$65,774.84
$63,041.72
             
  RETURN ON INVESTMENT
      ____________________
   A. - Annual Savings with ISOPLATER
     
$65,774.84
$63,041.72
        - Annual Return on Investment
     
79.73%
76.41%
        - Payback Time (Years)
     
1.25
1.31
     
Add back OTHER COSTS (Optional)
     
$17,693.28
$17,693.28
     
____________________
   B. - Annual Savings with ISOPLATER
     
$83,468.12
$80,735.00

       - Annual Return on Investment

     
101.17%
97.86%
       - Payback Time (Years)
     
0.99
1.02
  
     
  NOTES:
         
  These calculations are before income taxes.    
  Time savings are based on average customer feedback.    
  Wage rates are an estimated average including Benefits.    
  Residual value has not been included in this analysis.    
 


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