How to calculate total cost using fixed hourly rate from [h:mm:ss:]?
If the time is in A1:
=A1*24*30
Time is stored as a faction of a day so *24 gives you the number of hours, including a decimal part for minutes and seconds
--
Kind regards,
Niek Otten
Microsoft MVP - Excel
"Pheasant PluckerŪ" wrote in message ...
| Hi there,
|
| I have a spreadsheet keeping track of time I spend on a project.
|
| The Total Time cell is formatted as Special and specified as [h:mm:ss:]
|
| I have a standard hourly rate and I would like to calculate the total time
| spent & display the result in Pounds Sterling - the cell is already
| formatted as Currency
|
| For example the Total Time is 10h:01mm:41ss: and I want to multiply this by
| the Hourly rate which is 30 Pounds Sterling.
|
| What is the formula to achieve this please?
|
|
| --
| Thanks & kind regards,
| -pp-
|
|
|