Calculate time and cost
 

I would like to calculate the cost per minute. I have column with time,
hh:mm:ss, and a column with costs in swedish Krona. How do I divade the cost
with the time? I would like to know how much each minute of work costs.
Whatever I try the result ends up wrong.

The time is larger then 23:59:59 (i.e 133:25:00).

Appreciate any help!

Lasse

Hi Lasse,

Time is stored as a fraction of a day. So to get the number of minutes,
multiply by 24*60 (=1440)

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Kind Regards,

Niek Otten

Microsoft MVP - Excel

"Sjoestaal" wrote in message
...
I would like to calculate the cost per minute. I have column with time,
hh:mm:ss, and a column with costs in swedish Krona. How do I divade the
cost
with the time? I would like to know how much each minute of work costs.
Whatever I try the result ends up wrong.

The time is larger then 23:59:59 (i.e 133:25:00).

Appreciate any help!

Lasse

With time in a1, and cost in a2, the cost per minute is:

=a2/(a1*1440)

--
Regards,
Fred
Please reply to newsgroup, not e-mail


"Sjoestaal" wrote in message
...
I would like to calculate the cost per minute. I have column with time,
hh:mm:ss, and a column with costs in swedish Krona. How do I divade the
cost
with the time? I would like to know how much each minute of work costs.
Whatever I try the result ends up wrong.

The time is larger then 23:59:59 (i.e 133:25:00).

Appreciate any help!

Lasse