Formula to calculate hours, and pay
 

I enter an employee's start time in cell C1 as 11:00. I have the cell
formatted to return 11:00 AM. I enter his stop time in cell D1 as 16:00, and
the cell returns 4:00 PM. Cell E1 calculates D1-C1, and gives me 5:00 because
I have it formatted [h]:mm for elapsed time. Now I enter the hourly rate
($10.00) in cell F1, formatted for currency. I want cell G1 to tell me I owe
the employee $50.00 (5 hours at $10.00/hour).

What formula do I need for cell G1? Or do I need to change the formatting on
some of my other cells?

Thanks for your help. Somebody always seems to have the answer on here!
--
Jim

Formula to calculate hours, and pay
 

Hi Jim

=E1*F1*24

HTH. Best wishes Harald


"Jim" skrev i melding
...
I enter an employee's start time in cell C1 as 11:00. I have the cell
formatted to return 11:00 AM. I enter his stop time in cell D1 as 16:00,
and
the cell returns 4:00 PM. Cell E1 calculates D1-C1, and gives me 5:00
because
I have it formatted [h]:mm for elapsed time. Now I enter the hourly rate
($10.00) in cell F1, formatted for currency. I want cell G1 to tell me I
owe
the employee $50.00 (5 hours at $10.00/hour).

What formula do I need for cell G1? Or do I need to change the formatting
on
some of my other cells?

Thanks for your help. Somebody always seems to have the answer on here!
--
Jim

Formula to calculate hours, and pay
 

Jim

G1 = E1*F1*24 formatted as general or currency

1 hour = 1 24th of a day, hence the reason for multiplying by 24


Regards

Trevor
"Jim" wrote in message
...
I enter an employee's start time in cell C1 as 11:00. I have the cell
formatted to return 11:00 AM. I enter his stop time in cell D1 as 16:00,
and
the cell returns 4:00 PM. Cell E1 calculates D1-C1, and gives me 5:00
because
I have it formatted [h]:mm for elapsed time. Now I enter the hourly rate
($10.00) in cell F1, formatted for currency. I want cell G1 to tell me I
owe
the employee $50.00 (5 hours at $10.00/hour).

What formula do I need for cell G1? Or do I need to change the formatting
on
some of my other cells?

Thanks for your help. Somebody always seems to have the answer on here!
--
Jim

Formula to calculate hours, and pay
 

Hi!

=E1*24*F1

Format the cell as CURRENCY

Biff

"Jim" wrote in message
...
I enter an employee's start time in cell C1 as 11:00. I have the cell
formatted to return 11:00 AM. I enter his stop time in cell D1 as 16:00,
and
the cell returns 4:00 PM. Cell E1 calculates D1-C1, and gives me 5:00
because
I have it formatted [h]:mm for elapsed time. Now I enter the hourly rate
($10.00) in cell F1, formatted for currency. I want cell G1 to tell me I
owe
the employee $50.00 (5 hours at $10.00/hour).

What formula do I need for cell G1? Or do I need to change the formatting
on
some of my other cells?

Thanks for your help. Somebody always seems to have the answer on here!
--
Jim