counting characters and sumif

Becky Lindholm

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LYNA-Z $412,458.72
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BP $55,971.50
NWL $52,095.00
LNT $58,260.00
MEL $62,021.80
XOM $65,446.20
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MMM $96,836.54

I need to write a formula that will see how many characters are in each cell of the first column. If there are 1, 2 or 3 characters it will sum the corresponding value. If there are more than three characters I don't want the corresponding value included in the sum. I would appreciate any assistance. Thanks!
 

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Becky Lindholm said:
LYNA-Z $412,458.72
SBC $54,411.90
BP $55,971.50
NWL $52,095.00
LNT $58,260.00
MEL $62,021.80
XOM $65,446.20
USB $58,968.00
MMM $96,836.54

I need to write a formula that will see how many characters are in each cell of the first column. If there are 1, 2 or 3 characters it will sum the corresponding value. If there are more than three characters I don't want the corresponding value included in the sum. I would appreciate any assistance. Thanks!

1.

=SUM(SUMIF(A2:A10,{"?","??","???"},B2:B10))

2.

=SUMPRODUCT(--(A2:A10<>""),--(LEN(A2:A10)<=3),B2:B10)
 
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