How to Work Out The Cost of Your Printer | Office Plus

How To Work Out The Cost Of Your Printer

One should be able to predict, what there printing costs will be, for their home or business use. This task is not difficult to undertake but highly essential.

The easiest and quickest way to work out the average cost of your Printer using Original ink cartridges we would need to use the following calculation:

Cartridge price / Page yield = Cost per Page

If we use one of the most popular cartridges at the moment the HP 304 black ink cartridge for example, we divide the cost of the cartridge which is €19.99 by 190 page yield, giving us a cost per page of roughly 9.5c cents per Page€19.99 / 190 pages = 9.5 cents per page

This is not the true cost per copy as the page yields are only based on a 5% coverage, so the more ink we use on the sheet the higher the cost per page will be,To keep the cost down we would always recommend using the high yield cartridges, example of pricing below.Again If we use the HP 304 xl black ink cartridge for example, we divide the cost of the cartridge which is €34.99 by 300 page yield, giving us a cost per page of roughly 8.5c cents per Page

If you were to use the same calculation but using one of our compatible cartridges the cost savings would be the following,

Compatible 304xl black cost €31.99 page yield of 600 pages the cost per page works out roughly at 5c per page, Thats a cost saving of 3c per page using our Compatible ink cartridges,

Here is a link to go even further into calculating the cost of printing

Being able to identify your monthly expected costs for the printing expenses can be highly important for the businesses. This can help you keep a track of your expenses and predict your profit, or determining your loss based on the high expenses you have to bare. Being a part of large some corporate company calculating the printing costs are a significant part of your budget for expenses. However, if one is able to precisely predict the cost of a new printer per month, he will be able to allocate the budget in the most rightful manner for specific areas. The method for calculating the cost per month becomes more evident when you have a good many printers with the costs increasing and becoming more significant than ever, you may end up predicting the wrong amount for your budget.

The main problem that people face is the fact that they do not in most cases know how to accurately predict the cost of the printer, often they are confused by the real cost that is displayed by the manufacturer while the reality is different, if they are anyhow able to calculate the correct amount for the printer it will eventually save them from a lot of future hassle and struggle. The guide we have here provides you with just the method you need to know to accurately predict the printers cost.

What Is The Cost Of Output?

This is the first ultimate steps paving way to your further calculation. The cost of your output is an important amount to be figured out. This term imply means how much does it cost you to print a page from your printer. As terrific as it may seem, this is pretty easy to figure out once you know the method.

What Is Your Printer’s Cost?

The cost of your printer is the first expense which needs to be brought under consideration. The prices of the printer vary greatly among the various models that are available in the market. You need to do a thorough research on the type of printer you or your company needs, if you are not able to identify a type that maximises the amount of benefit you may reap from the printer, you are moving for great deal of trouble for yourself. You need to select a printer that delivers you more than what you expect. While selecting the printer, make sure it comes along with all the necessities you may need to set it up.

What Is The Cost Of Ink?

Another important expense other than the cost of printer itself is the cost of ink you may need to support the work. In order to find out the calculation you need to the page on cartridge of ink may produce. The second step is to figure out the number of page you have to print each day. Then further you can calculate the amount of time a single cartridge will last. Leading you further to know how often you would need to purchase the ink cartridge.

What Is The Cost Of Paper?

Similarly, the next step you need to take is to figure out how many papers will you need throughout the whole month. First calculate the amount of paper each employee that works in your company needs, how much they print and base your calculations per month.

In order to know how much each employee uses the printer initiate something like giving them credits for each term of use, this will help you keep a track.

What Is The Duty Cycle Of Your Printer?

Among various other instructions that come along with the printer, the amount of duty cycle which means the numbers of times it can effectively print before it need to be replaced is there. This is important information which you need to include in your calculations. This may help you decide what a better opportunity to invest is. Are the costs effective, is the life of printer more than enough compared to what your expectations and requirements are?

What Is The Cost Of New Parts?

You need to prepare ahead of times, by planning what are the cost of spare parts, which you may at an emergency situation need to get. If the printer stops working, how the cost will be dealt with, how much can the cost go.