Thread: hourly rates
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Bernard Liengme
 
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Default hourly rates

To get this result (=A1*B1*2 giving 175.02 when B1 =7.04) the value in A1
must be 12.26
This is not 12hr 26 mins but 12hrs plus 26/100th of an hour (about 15 mins)

What you need in A1 is 12:26 (the colon makes this a time value)
And since time is stored as fraction of a day you now need in C1 the formula
=A1*24*B1*2 where the 24 converts the fraction of a day to hours. This gives
172.62 - you may need to format the C1.

best wishes
--
Bernard V Liengme
www.stfx.ca/people/bliengme
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"Monty" wrote in message
...
i would like to have in cell A1 the number of overtime hrs worked per week
for one member of staff which in this case is 12hrs 26mins. in cell b1 i
have the hourly rate £7.04, in cell c1 i have the following=A1*B1*2 this
should bring back £175.02 however it brings back £172.62. it would appear
that it is not picking up the mins.
does anyone have any suggestions.

Thanks

Monty