Create an Income Statement based on a SCENARIO
Constants
Entries per Trial 50
Cost Per Plot $20.00
Plots per Trial 100
Number_Reps_Per_Year_Per_Trial 2
Number of True Candidates 35
Monsanto Royalty-1st 5000 units $0.75
Royalty Rate>5000 $0.42
Registration Cost $850.00
Inputs
Number Trials 17
% with opportunity 2.5%
Replications per year 5
Year on the market 5
Number Checks 15
Up-Front Fee 5000
Estimated annual sales $30,000.00
Calculations
Cost Per Trial $2,000.00
Number of Varieties Applied For 14.875
Number of Varieties per trial 0.875
Total Cost Per Year $170,000.00
Total Cost Per Year for Registration $(61,731.25)
Total Number of Opportunities 14.875
Total Plots per year 8500
Variety Registration Cost $(4,150.00)
Annual
TOTAL COSTS $108,268.75
Number of units sold to breakeven 257,783
PER VARIETY
Per Variety
$7,278.57
17,330
Estimated annual sales 30,000
Expected sales per lifecycle of variety 150,000
Total revenue over lifecycle $63,000.00
ROI 8.7
