Formula for working out costs by hourly rates...

I have a formula currently which adds up all my hours in a column... I also want to have another formula that adds up all my hours and then multiplies the figure by 80 and gives me a result in dollar value... Any ideas anyone?

Hi Tom,
Much depends on the way you have recorded your hours and found the sum. If the sum is a number of the form 39.8 (or similar), then the formula is simply
=K9*80
where K9 is the total hours you spent 'working like a dog', and $80/hour is the rate of pay. Format (using the cell format Inspector) the cell containing the formula as "Number" or as "Currency" and specify 2 places after the decimal. The difference between the two formats in that "Currency"adds the currency symbol to the number displayed.
If your total hours is not displayed as a whole number plus decimal fraction, then more detail will be needed before anyone is able to provide you with a useful formula.
Regards,
Barry

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Edited by: BadBoy House on May 25, 2010 3:15 PM
Edited by: BadBoy House on May 25, 2010 3:15 PM

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