Here is the snippet of code I am working with:

Worksheets("basedata").Range("D7").Activate
col = 0
Do While ActiveCell.Offset(0, col) < ""
row = 2
Do While ActiveCell.Offset(row, col - 1) < ""
ActiveCell.Offset(row, col).FormulaR1C1 =
"=basedata1!RC*1.08"
row = row + 1
Loop
col = col + 1
Loop

As you can see I have hard coded a value of 1.08 whereas I would like to set
that value in the General sheet at D2. How do I fix the
formula above to reference the General sheet at location D2.

I have tried ActiveCell.Offset(row, col).FormulaR1C1 =
"=basedata1!RC*General!D2" but that did not work.