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I need to write a formula for the following but am confused as to how to do
it. Can someone help? 1. determine gross pay in column F as follows: a. In cell F4, enter an IF function that applies the following logic and then copy it to the range F5:F10. If hours <= 40, then Rate * Hours, otherwise Rate * Hours + 0.5 * (Hours - 40) b. In cell I4, enter the IF function that applies the following logic: If (Gross Pay - Dependents * 38.46) 0, then 20% * (Gross Pay -Dependents * 38.46), otherwise 0 |
#2
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What columns are used for Rate, Hours, Gross Pay and Dependents?
"JulieA60" wrote in message ... I need to write a formula for the following but am confused as to how to do it. Can someone help? 1. determine gross pay in column F as follows: a. In cell F4, enter an IF function that applies the following logic and then copy it to the range F5:F10. If hours <= 40, then Rate * Hours, otherwise Rate * Hours + 0.5 * (Hours - 40) b. In cell I4, enter the IF function that applies the following logic: If (Gross Pay - Dependents * 38.46) 0, then 20% * (Gross Pay -Dependents * 38.46), otherwise 0 |
#3
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The general format of the formula you require would be:
=IF(Hours<=40,Rate*Hours,Rate*Hours + 0.5*(Hours-40)) The values for Hours and Rate can either be stoed in cells or replaced with the actual amount required e.g. Hours in cell E4 and rate in cell D4: =IF(E4<=40,D4*E4,D4*E4 + 0.5*(E4-40)) The second formula, will be similar but, presumably using the gross pay calculated as above: =IF((F4-Dependents*38.46)0,(F4-Dependents*38.46)*20%,0) again, dependents will either be the cell reference or a value HTH "JulieA60" wrote: I need to write a formula for the following but am confused as to how to do it. Can someone help? 1. determine gross pay in column F as follows: a. In cell F4, enter an IF function that applies the following logic and then copy it to the range F5:F10. If hours <= 40, then Rate * Hours, otherwise Rate * Hours + 0.5 * (Hours - 40) b. In cell I4, enter the IF function that applies the following logic: If (Gross Pay - Dependents * 38.46) 0, then 20% * (Gross Pay -Dependents * 38.46), otherwise 0 |
#4
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The columns are as follows:
B - Rate C - Hours D - Dependents F - Gross Pay "Barb Reinhardt" wrote: What columns are used for Rate, Hours, Gross Pay and Dependents? "JulieA60" wrote in message ... I need to write a formula for the following but am confused as to how to do it. Can someone help? 1. determine gross pay in column F as follows: a. In cell F4, enter an IF function that applies the following logic and then copy it to the range F5:F10. If hours <= 40, then Rate * Hours, otherwise Rate * Hours + 0.5 * (Hours - 40) b. In cell I4, enter the IF function that applies the following logic: If (Gross Pay - Dependents * 38.46) 0, then 20% * (Gross Pay -Dependents * 38.46), otherwise 0 |
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Thanks bigwheel for your reply. I'm going to give this a try and let you know
if I've finally caught on :) "bigwheel" wrote: The general format of the formula you require would be: =IF(Hours<=40,Rate*Hours,Rate*Hours + 0.5*(Hours-40)) The values for Hours and Rate can either be stoed in cells or replaced with the actual amount required e.g. Hours in cell E4 and rate in cell D4: =IF(E4<=40,D4*E4,D4*E4 + 0.5*(E4-40)) The second formula, will be similar but, presumably using the gross pay calculated as above: =IF((F4-Dependents*38.46)0,(F4-Dependents*38.46)*20%,0) again, dependents will either be the cell reference or a value HTH "JulieA60" wrote: I need to write a formula for the following but am confused as to how to do it. Can someone help? 1. determine gross pay in column F as follows: a. In cell F4, enter an IF function that applies the following logic and then copy it to the range F5:F10. If hours <= 40, then Rate * Hours, otherwise Rate * Hours + 0.5 * (Hours - 40) b. In cell I4, enter the IF function that applies the following logic: If (Gross Pay - Dependents * 38.46) 0, then 20% * (Gross Pay -Dependents * 38.46), otherwise 0 |
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