Know Your Total Cost of Ownership
How much is your organization really spending to print documents? You can audit your organization’s printers yourself to determine this. Here’s how.
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For our HP 4730:
1) Total of annual device and service plan cost: $1,092.80 + $273 = $1,365.80
2) Device and service plan cost per print: $1,365.80 / 41,170 = $0.0332
3) Non-toner consumables: $0.0027 + $0.00215 = $0.00485
4) Total cost per print without toner: $0.0332 + $0.00485 = $0.03805
5) Final cost per black print: $0.03805 + $0.013 (black toner) = $0.05105
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