Commission Rate By Margin Formula Help! |
Commission Rate By Margin Formula Help! - Excel |
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Hello,
I'm having a heck of a time figuring out how i can set up my commission rate in excel for my company. Our scale is as follows:
Margin % is in cell F7
Profit Dollar amount is in cell F6
under 20% margin pay 15% commission on profit
21% to 30% margin pay 20% commission on profit
31% to 40% margin pay 25% commission on profit
41% to 50% margin pay 30% commission on profit
over 50% margin pay 35% commission on profit
Any help would be greatly appreciated!
Thanks
I'm having a heck of a time figuring out how i can set up my commission rate in excel for my company. Our scale is as follows:
Margin % is in cell F7
Profit Dollar amount is in cell F6
under 20% margin pay 15% commission on profit
21% to 30% margin pay 20% commission on profit
31% to 40% margin pay 25% commission on profit
41% to 50% margin pay 30% commission on profit
over 50% margin pay 35% commission on profit
Any help would be greatly appreciated!
Thanks
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Sale = A1
Cost = B1
Margin = C1
I know to calculate Margin its' C1=1-(B1/A1) and to calculate Sale its, A1=B1/(1-C1), and I can do that in separate columns. But...... I'm tasked with trying to find a way so that I can do it in three columns. As in if I change cost then margin recalculates or if I change margin then sale recalculates. I'm thinking that this is going to cause a circular error but my boss says there's got to be a way to do it, figure it out. Any suggestions?
Alex
Cost = B1
Margin = C1
I know to calculate Margin its' C1=1-(B1/A1) and to calculate Sale its, A1=B1/(1-C1), and I can do that in separate columns. But...... I'm tasked with trying to find a way so that I can do it in three columns. As in if I change cost then margin recalculates or if I change margin then sale recalculates. I'm thinking that this is going to cause a circular error but my boss says there's got to be a way to do it, figure it out. Any suggestions?
Alex
I have a spreadsheet where I need to calculate the increase in % one year over the other in column D for Eg if Profits are 95415 in Jan 2008 (Column B) and 80215 in Jan 2008 (Column C), then the % Increase will be (95415-80215)/80215 *100
I can calculate the formula for this , but the problem comes where for eg there is a loss in Jan 2008 for -95415 and there was a profit in Jan 2007 for 80215. How do I set up formula to take negatives & positives into account in calculating the increase or decrease/
Your assistance or anybody's on the forum will be greatly appreciated
Regards
Howard
http://www.mrexcel.com/forum/showthr...ghlight=howardneed
I can calculate the formula for this , but the problem comes where for eg there is a loss in Jan 2008 for -95415 and there was a profit in Jan 2007 for 80215. How do I set up formula to take negatives & positives into account in calculating the increase or decrease/
Your assistance or anybody's on the forum will be greatly appreciated
Regards
Howard
http://www.mrexcel.com/forum/showthr...ghlight=howardneed
Hello,
Firstly i haven't used excel to a great extent since my college days. So i'm having to re-learn 99.9% of everything i once new...
I am volunteering for a non profit organization and trying to create a reservation system for the rooms that they have - kind of like hotel software, but in excel (i did a similiar thing in college but for plane seats)
Please find it attached.
What i need it to do:
Copy all of the info from the main page to the guest lit (a new row each time).
From the guest list to the Gannt chart - i did a few tutorials on dynamic gantt charts using conditional formatting but cannot get them to work when based on data on a different worksheet.
Finaly is there a way to check for availabilty on any given date?
if just someone could point me in the right direction, i would be appreciate it so much words can't express!!!
Best Regards,
Jamie
P.S for the calender drop down on the main page, i'm using 'microsoft time & date picker 6.0)
http://www.2shared.com/file/6521961/...ibsV05b32.html - pop ups on this site
http://www.easy-share.com/1906519167/RibsV0.5b3.2.xlsm - same file, better website
Firstly i haven't used excel to a great extent since my college days. So i'm having to re-learn 99.9% of everything i once new...
I am volunteering for a non profit organization and trying to create a reservation system for the rooms that they have - kind of like hotel software, but in excel (i did a similiar thing in college but for plane seats)
Please find it attached.
What i need it to do:
Copy all of the info from the main page to the guest lit (a new row each time).
From the guest list to the Gannt chart - i did a few tutorials on dynamic gantt charts using conditional formatting but cannot get them to work when based on data on a different worksheet.
Finaly is there a way to check for availabilty on any given date?
if just someone could point me in the right direction, i would be appreciate it so much words can't express!!!
Best Regards,
Jamie
P.S for the calender drop down on the main page, i'm using 'microsoft time & date picker 6.0)
http://www.2shared.com/file/6521961/...ibsV05b32.html - pop ups on this site
http://www.easy-share.com/1906519167/RibsV0.5b3.2.xlsm - same file, better website
Entering time values in custom format [h]:mm:ss
Cells accept hours over 23,
Adding cells in column returns correct total time.
Have not found a way to multiply these cells by a $ hourly rate.
So use HOUR(cell ref) and MINUTE(cell ref) to capture values in referenced
cell - then use these values to calculate total payment for $rate per hour.
However, the HOUR(cell ref) formula returns the hours in excess of 24 when
the cell contains an hour value in excess of 23 (ie 27 hours returns 3).
Cells accept hours over 23,
Adding cells in column returns correct total time.
Have not found a way to multiply these cells by a $ hourly rate.
So use HOUR(cell ref) and MINUTE(cell ref) to capture values in referenced
cell - then use these values to calculate total payment for $rate per hour.
However, the HOUR(cell ref) formula returns the hours in excess of 24 when
the cell contains an hour value in excess of 23 (ie 27 hours returns 3).
I'm trying to figure out what the formula is to multiply the total hours worked per week by their hourly pay for each individual. kind of like the
=Sum(I25:I32) Formula but I want to multiply the outcome of that formula by the hourly rate of 11.00, 15.00 and 16.00. Does anybody know how this can be done? If so I would greatly appreciate it.
Thanks!
charitydc
=Sum(I25:I32) Formula but I want to multiply the outcome of that formula by the hourly rate of 11.00, 15.00 and 16.00. Does anybody know how this can be done? If so I would greatly appreciate it.
Thanks!
charitydc
I am looking for assistance in having one cell in a text format equals another cell that contains a time value in hh:mm format.
For example: Cell A1 has a time format (hh:mm) value of 04:00; which is the Start Time. I would like cell D1 to have a text format value of "04:00" (result is dependant upon what is entered in A1). I would duplicate the same formulas to reflect Stop Times in other cells.
My final result is to have another cell (F1) use the Concatenate formula to have the Start and Stop time shown in one cell as "04:00 - 12:30". The times would change based on the Time formated values entered into the Start and Stop time cells.
I have researched this in the board and found many excellent ways to do the opposite, but not convert Time format to Text format. Any assistance is greatly appreciated.
-Shane
For example: Cell A1 has a time format (hh:mm) value of 04:00; which is the Start Time. I would like cell D1 to have a text format value of "04:00" (result is dependant upon what is entered in A1). I would duplicate the same formulas to reflect Stop Times in other cells.
My final result is to have another cell (F1) use the Concatenate formula to have the Start and Stop time shown in one cell as "04:00 - 12:30". The times would change based on the Time formated values entered into the Start and Stop time cells.
I have researched this in the board and found many excellent ways to do the opposite, but not convert Time format to Text format. Any assistance is greatly appreciated.
-Shane
Great tip! But one thing: On my machine (Excel 2008 Mac), the values in the formula cell are not correctly calculated simply by dragging. Instead, the values are equal to the cell above (the first entry formula value). To get the correct value, I need to click in the formula bar and then hit enter. (I only discovered this after an hour of tinkering, figuring I had botched the formula!)
Are there any ways around this so that it updates upon dragging the formula?
Are there any ways around this so that it updates upon dragging the formula?
Regarding Charts in Excel:
Is there a way to have the Min and Max values adjusted dynamically for the Scale of the values being displayed ??
I know that I can use named ranges to display various sections of data -- month by month, or quarter by quarter, for example.
But when the value of these ranges vary greatly from section to section I end of having to manually go and adjust the Min and Max values of the chart scale.
For example, if I was looking at a graph of the S&P 500's prices last November, a Min and Max range of 750 to 1200 would be fine. But if I had a dynamic range established and scrolled over to view the S&P 500's prices for this past February, I would need a Min and Max range of around 650 to 850.
Is there a way to have these Min & Max values adjust automatically depending on the values being displayed ??
Thanks
StanSz
Is there a way to have the Min and Max values adjusted dynamically for the Scale of the values being displayed ??
I know that I can use named ranges to display various sections of data -- month by month, or quarter by quarter, for example.
But when the value of these ranges vary greatly from section to section I end of having to manually go and adjust the Min and Max values of the chart scale.
For example, if I was looking at a graph of the S&P 500's prices last November, a Min and Max range of 750 to 1200 would be fine. But if I had a dynamic range established and scrolled over to view the S&P 500's prices for this past February, I would need a Min and Max range of around 650 to 850.
Is there a way to have these Min & Max values adjust automatically depending on the values being displayed ??
Thanks
StanSz
I see a formula that our Human Resources Department is using to annualize voluntary turnover.
It looks like this:
=(E3/((A3+D3)/2))*12/months
So if I substitute with some actual data:
=(6/((22+33)/2))*12/months the answer becomes 21.8% (as the annualized voluntary turnover rate).
What does the *12/months actually do mathematically? I cannot find it in the excel help files and have not been able to figure this out using math (on the calculator).
It looks like this:
=(E3/((A3+D3)/2))*12/months
So if I substitute with some actual data:
=(6/((22+33)/2))*12/months the answer becomes 21.8% (as the annualized voluntary turnover rate).
What does the *12/months actually do mathematically? I cannot find it in the excel help files and have not been able to figure this out using math (on the calculator).
I was wondering if anyone could help me out please?!?!
I need to have a cell on Sheet2 display the TEXT from a cell on Sheet1, is his possible??
Example:
Sheet1, Cell A1 contains a clients name and I would like to have Sheet2, Sheet3, Sheet4 etc... Display that clients name in a cell of my choosing (could be a different cell on each Sheet) automatically after entering it once on Sheet1, cell A1.
I thought this was possible but I can't seem to figure it out. I haven't done any real Excel work in quite a long time but I thought I had done this before a long time ago!! Any help would be GREATLY appreciated!! Thanks in advance...
P.S. If I use autosum to do this it just displays the number 0, obviously, since it is trying to add numbers...
I uploaded a copy of the spreadsheet, What I would like to happen is have the text from Sheet1,D4 automatically be placed in Sheet2,A1 and Sheet3, B2. Hope this helps
-Aric
I need to have a cell on Sheet2 display the TEXT from a cell on Sheet1, is his possible??
Example:
Sheet1, Cell A1 contains a clients name and I would like to have Sheet2, Sheet3, Sheet4 etc... Display that clients name in a cell of my choosing (could be a different cell on each Sheet) automatically after entering it once on Sheet1, cell A1.
I thought this was possible but I can't seem to figure it out. I haven't done any real Excel work in quite a long time but I thought I had done this before a long time ago!! Any help would be GREATLY appreciated!! Thanks in advance...
P.S. If I use autosum to do this it just displays the number 0, obviously, since it is trying to add numbers...
I uploaded a copy of the spreadsheet, What I would like to happen is have the text from Sheet1,D4 automatically be placed in Sheet2,A1 and Sheet3, B2. Hope this helps
-Aric
Hi there,
I'm very new to Excel, and I'm having trouble figuring a few things out. Hopefully this will be very easy for you guys!
In Sheet 1, I have a column of cells that I would like to also appear in Sheet 2. If I add a new row to the column in Sheet 1, I would also like it to be updated automatically in Sheet 2. Currently, I can get it to show the contents of individual cells from Sheet 1 in Sheet 2 by using this formula in the formula bar for each cell in Sheet 2:
=Sheet1!A3 (or whichever cell it is)
That's fine, but I'd like to just have a formula that will reproduce the entire column (ie. without a fixed range, as new rows are going to be added to the column).
If anyone could point me in the right direction, I'd be very very grateful. Thanks.
I'm very new to Excel, and I'm having trouble figuring a few things out. Hopefully this will be very easy for you guys!
In Sheet 1, I have a column of cells that I would like to also appear in Sheet 2. If I add a new row to the column in Sheet 1, I would also like it to be updated automatically in Sheet 2. Currently, I can get it to show the contents of individual cells from Sheet 1 in Sheet 2 by using this formula in the formula bar for each cell in Sheet 2:
=Sheet1!A3 (or whichever cell it is)
That's fine, but I'd like to just have a formula that will reproduce the entire column (ie. without a fixed range, as new rows are going to be added to the column).
If anyone could point me in the right direction, I'd be very very grateful. Thanks.
Hi there,
I am currently using 'Activecell.Offset(1,0).Select' to move down one cell at a time when I click on a button.
The problem I have now is that if someone was to filter by something then the 'next cell down' could be hidden behind the filter (by that I mean it didn't meet the filter criteria).
Is there anyway to move down to the next row, even if that row does not follow on Sequentially .
Any help would be greatly appreciated.
Regards,
James
I am currently using 'Activecell.Offset(1,0).Select' to move down one cell at a time when I click on a button.
The problem I have now is that if someone was to filter by something then the 'next cell down' could be hidden behind the filter (by that I mean it didn't meet the filter criteria).
Is there anyway to move down to the next row, even if that row does not follow on Sequentially .
Any help would be greatly appreciated.
Regards,
James
I am trying to figure out how to write a formula to figure out production cycle time.
We will be building 8 "widgets" a day.
We will work 10 hours a day.
There is a 20 minute break at 9:20 am.
Production shuts down for lunch 30 minutes for lunch at 12:30.
Production starts at 6:00 am.
Here is what I can do.
Production cycle time = (10*60)-30/8 or 71.25 minutes
If we start at 6:00 am, the first scheduled cycle completion time = TIME(6,0,0+71.25/1440)
My problem is when I am trying to use a logical "IF' statement to account for the 20 minute break or lunch and still calculate the end of each cycle time through the day I receive a number of error messages.
This is the formula I am trying to make work. I have the cell the formula is in, formatted with a "mm,ss" format.
=(IF(D4+G1/1440>9:20,(D4+G1)/24,(D4+G1+15)/1440))
I have included an attachment to help (a picture is worth a thousand words).
Any help will be greatly appreciated.
I have bought a number of books in an attempt to figure this out, and I am still stumped
We will be building 8 "widgets" a day.
We will work 10 hours a day.
There is a 20 minute break at 9:20 am.
Production shuts down for lunch 30 minutes for lunch at 12:30.
Production starts at 6:00 am.
Here is what I can do.
Production cycle time = (10*60)-30/8 or 71.25 minutes
If we start at 6:00 am, the first scheduled cycle completion time = TIME(6,0,0+71.25/1440)
My problem is when I am trying to use a logical "IF' statement to account for the 20 minute break or lunch and still calculate the end of each cycle time through the day I receive a number of error messages.
This is the formula I am trying to make work. I have the cell the formula is in, formatted with a "mm,ss" format.
=(IF(D4+G1/1440>9:20,(D4+G1)/24,(D4+G1+15)/1440))
I have included an attachment to help (a picture is worth a thousand words).
Any help will be greatly appreciated.
I have bought a number of books in an attempt to figure this out, and I am still stumped
HELP!!
I need to know the formula (if there is one) for Excel to figure all the possible combinations of a given set of numbers that will add up to a specified sum.
In other words, if I give the following numbers 1, 2, 2, 3, 3, 4, 5, 5, 6, 7, 7 - I want Excel to figure all the possible combinations that will add up to 23, and also SHOW ME those combinations, and not just HOW MANY combinations there are.
i.e. one possible combination is 2, 2, 3, 4, 5, 7
Can this be done? What is the formula? I'm having a hard time figuring it out!!
Desperately,
Jenny
I need to know the formula (if there is one) for Excel to figure all the possible combinations of a given set of numbers that will add up to a specified sum.
In other words, if I give the following numbers 1, 2, 2, 3, 3, 4, 5, 5, 6, 7, 7 - I want Excel to figure all the possible combinations that will add up to 23, and also SHOW ME those combinations, and not just HOW MANY combinations there are.
i.e. one possible combination is 2, 2, 3, 4, 5, 7
Can this be done? What is the formula? I'm having a hard time figuring it out!!
Desperately,
Jenny
How do I calculate the number of batches per hour? Here's what I have so far:
Cell B5: start time: 4:15 formatted as 4:15:00 am
Cell B6: finish time: 6:15 formatted as 6:15:00 am
Cell B7: total time: 2:00 formula in cell: =TEXT(B6-B5,"h:mm")
Cell B8: total batches processed: 22 (this is entered manually)
Cell B9: batches per hour: formula in cell: =B8/TEXT(B7,"h")
as long as I have this formula in cell B9 the answer comes out correct which should be 11 per hour.
If the formula in B9 is B8/B7, the answer is 264.0, Is this because of the way excel is reading the total time or the total time is formatted as a time, not an actual number? Is this the correct way to solve the problem?
answer should be 11 per hour.
Cell B5: start time: 4:15 formatted as 4:15:00 am
Cell B6: finish time: 6:15 formatted as 6:15:00 am
Cell B7: total time: 2:00 formula in cell: =TEXT(B6-B5,"h:mm")
Cell B8: total batches processed: 22 (this is entered manually)
Cell B9: batches per hour: formula in cell: =B8/TEXT(B7,"h")
as long as I have this formula in cell B9 the answer comes out correct which should be 11 per hour.
If the formula in B9 is B8/B7, the answer is 264.0, Is this because of the way excel is reading the total time or the total time is formatted as a time, not an actual number? Is this the correct way to solve the problem?
answer should be 11 per hour.
hi guys,
i have a simple spreadsheet where i'm totalling a few values thru a formula. it's similar to this:
=D13*F13
i'm trying to create a funcion that says if d13 * f13 >= 300, i want the value to stay at 300 max and at the same time, if d13 * f13 < 300, i want the total to remain whatever it is.
i have been able to create both of these formulas successfully by themselves but i can't combine them. is this possible?
any help would be greatly appreciated!!
i have a simple spreadsheet where i'm totalling a few values thru a formula. it's similar to this:
=D13*F13
i'm trying to create a funcion that says if d13 * f13 >= 300, i want the value to stay at 300 max and at the same time, if d13 * f13 < 300, i want the total to remain whatever it is.
i have been able to create both of these formulas successfully by themselves but i can't combine them. is this possible?
any help would be greatly appreciated!!
Hi all,
I have several accumulated values from other spreadsheets on my spreadsheet and I'm combining and organizing them on mine. However, the cell alignment isn't working properly as you can see in the picture below.
Now, I can certainly retype these values and align them and they'll align all nice and neat; however, I have a huge Column and retyping that column would take an inordinate amount of time.
I searched earlier on cell alignment and couldn't find anything. Any help is appreciated.
Sincerely,
Bill
I have several accumulated values from other spreadsheets on my spreadsheet and I'm combining and organizing them on mine. However, the cell alignment isn't working properly as you can see in the picture below.
Now, I can certainly retype these values and align them and they'll align all nice and neat; however, I have a huge Column and retyping that column would take an inordinate amount of time.
I searched earlier on cell alignment and couldn't find anything. Any help is appreciated.
Sincerely,
Bill
Hi Everyone,
I have searched online and in help but can't seem to find the best solution...
I have values like 00904BB303D6 that need to become: 00:90:4B:B3:03:D6 (the value is always 12 digits, and the : needs to appear every two digits.) Is there a formula that can easily do this for me? Your suggestions are greatly appreciated!
Thanks in advance!!!!
I have searched online and in help but can't seem to find the best solution...
I have values like 00904BB303D6 that need to become: 00:90:4B:B3:03:D6 (the value is always 12 digits, and the : needs to appear every two digits.) Is there a formula that can easily do this for me? Your suggestions are greatly appreciated!
Thanks in advance!!!!
Ok, I'm going to try and explain this. I am going to have 5 data points in cells such as A2:A6
All I need is to know if there is an upward trend or downward trend of the numbers.... I can't have something that simply takes the first and last number and checks if it's higher or lower. I need to actually see if they are trending upwards. Also how would i go about making it so that if they are trending upwards it shows an up arrow, and down arrow for downwards...
And finally, if the trend continues at the same rate, how long it will take the number to reach a goal. Each data point will be 1 week apart, with an ultimate goal needed to be achieved at the end.
This will be a completely separate formula on the sheet....
Any help?
All I need is to know if there is an upward trend or downward trend of the numbers.... I can't have something that simply takes the first and last number and checks if it's higher or lower. I need to actually see if they are trending upwards. Also how would i go about making it so that if they are trending upwards it shows an up arrow, and down arrow for downwards...
And finally, if the trend continues at the same rate, how long it will take the number to reach a goal. Each data point will be 1 week apart, with an ultimate goal needed to be achieved at the end.
This will be a completely separate formula on the sheet....
Any help?
I am trying to sum all numbers <0 using the SUMIF formula in Excel 2003.
FORMULA: =sumif(range,criteria,sum_range)
I got it to work, but I have cell ranges to total that are not next to each
other (such as A5:A15 and C5:C15).
When selecting the ranges for the formula, Excel writes them A5:A15,C5:C15
because of the comma (,) between the cell ranges Excel is reading the A5:A15
as the range and C5:C15 as the critera. How can I get this formula to allow
me to select multiple cell ranges?
All help is appreciated.
Thank you.
FORMULA: =sumif(range,criteria,sum_range)
I got it to work, but I have cell ranges to total that are not next to each
other (such as A5:A15 and C5:C15).
When selecting the ranges for the formula, Excel writes them A5:A15,C5:C15
because of the comma (,) between the cell ranges Excel is reading the A5:A15
as the range and C5:C15 as the critera. How can I get this formula to allow
me to select multiple cell ranges?
All help is appreciated.
Thank you.