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![]() I have a spreadsheet that calculates regular hours and overtime hours. I formatted my times [hh]:mm. What forula would I use to calculate total pay. I tried A2*B2*24. A:hours worked and b:pay rate. This works okay if there are no minutes involved (10:35). What formula would I use to get the results I need? -- bunnyc ------------------------------------------------------------------------ bunnyc's Profile: http://www.excelforum.com/member.php...o&userid=31662 View this thread: http://www.excelforum.com/showthread...hreadid=513521 |
#2
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Hi bunnyc,
Give an example of your problem! As I can see, there is no problem with your formula! Regards, Stefi €˛bunnyc€¯ ezt Ć*rta: I have a spreadsheet that calculates regular hours and overtime hours. I formatted my times [hh]:mm. What forula would I use to calculate total pay. I tried A2*B2*24. A:hours worked and b:pay rate. This works okay if there are no minutes involved (10:35). What formula would I use to get the results I need? -- bunnyc ------------------------------------------------------------------------ bunnyc's Profile: http://www.excelforum.com/member.php...o&userid=31662 View this thread: http://www.excelforum.com/showthread...hreadid=513521 |
#3
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![]() A B C D E 40:00 15:45 $10.00 $15.00 $631.75 A = Reg. Hours B=Overtime Hours C=Reg. Rate D=Overtime Rate E=Gross pay I'm using the formula =(a1*c1)*24+(b1*d1)*24 to calculate the gross pay. Using the formula the gross pay is $636.25, it should be $631.75. Bunny -- bunnyc ------------------------------------------------------------------------ bunnyc's Profile: http://www.excelforum.com/member.php...o&userid=31662 View this thread: http://www.excelforum.com/showthread...hreadid=513521 |
#4
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In arriving at the figure you think it should be, you have taken 10x40
+ 15*15.45, whereas you should have taken 10x40 + 15x15.75, as 45 minutes is .75 hours. The formula works fine and gives the correct answer (checked on a calculator). Hope this helps. Pete |
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