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Default Writing an IF statement in Microsoft Query

I'm querying our Oracle data to Excel and can't seem to get a formula return
as a new field.

I need the proper way to write this sequence:

IF(RM.RM_STD= "LOCKER",50,RM.RM_AREA*RMSTD.COST_OF_SPACE)

Which would basically say that if the room standard is a locker, we charge
$50 - otherwise, take the room area and multiply it by the cost per square
foot. But it doesn't matter how I write it...it's not working! HELP??!!!
 
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