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Hello,
I am trying create a formula that will calculate commission. I would like a single formula that will calculate $8.00 for the first 16 sales (sales 1 €“ 16), $12.00 for the next five sales (sales 17 €“ 21) and $15.00 for each sale at 22 or more. So if I sold 23 units the commission will be $218.00. The number of units sold will be in cell A1. Thanks for the help. |
#2
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For what is probably the definitive guide to calculating incremental
commisions, check this website: http://www.mcgimpsey.com/excel/variablerate.html Does that help? *********** Regards, Ron XL2002, WinXP-Pro "JR" wrote: Hello, I am trying create a formula that will calculate commission. I would like a single formula that will calculate $8.00 for the first 16 sales (sales 1 €“ 16), $12.00 for the next five sales (sales 17 €“ 21) and $15.00 for each sale at 22 or more. So if I sold 23 units the commission will be $218.00. The number of units sold will be in cell A1. Thanks for the help. |
#3
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yea I looked at that before and it does not answer my question. I am going
to repost, please do not reply so I can get an actual answer from someone. Thanks "Ron Coderre" wrote: For what is probably the definitive guide to calculating incremental commisions, check this website: http://www.mcgimpsey.com/excel/variablerate.html Does that help? *********** Regards, Ron XL2002, WinXP-Pro "JR" wrote: Hello, I am trying create a formula that will calculate commission. I would like a single formula that will calculate $8.00 for the first 16 sales (sales 1 €“ 16), $12.00 for the next five sales (sales 17 €“ 21) and $15.00 for each sale at 22 or more. So if I sold 23 units the commission will be $218.00. The number of units sold will be in cell A1. Thanks for the help. |
#4
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Well, if you had used the technique at the web page that Ron cited, you
would have come up with: =SUMPRODUCT(--(A1-{0,16,21}0),A1-{0,16,21},{8,4,3}) but since that doesn't answer your question, I'm not sure what you're looking for... In article , JR wrote: yea I looked at that before and it does not answer my question. I am going to repost, please do not reply so I can get an actual answer from someone. |
#5
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Another way of putting this is $8/unit, PLUS $4/unit for all units over 16,
PLUS $3/unit for all units over 21: =8*A1 + 4*max(0,A1-16) + 3*max(0,A1-21) "JR" wrote: Hello, I am trying create a formula that will calculate commission. I would like a single formula that will calculate $8.00 for the first 16 sales (sales 1 €“ 16), $12.00 for the next five sales (sales 17 €“ 21) and $15.00 for each sale at 22 or more. So if I sold 23 units the commission will be $218.00. The number of units sold will be in cell A1. Thanks for the help. |
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