Greetings,
I want to know how I can calculate total commission based on total units sold. For example, if I sold 137 units illustrated below, there is a commission rate per unit sold for each range. The first 75 sold would be multiplied by $1.05 = $78.7. The next 45 fall within the 76 to 120 range multiplied by $1.35 = $60.8 and there are 17 units remaining to be multiplied by $1.75 = $29.8. Total commission therefore would = $169.3 for the sale of 137 units.
<tbody> </tbody>
<----- Formula I need
How can I put this in one formula in cell F5?
Thank you for taking the time to read this, much appreciated. Look forward to hearing from you all.
Regards,
Vladmir
I want to know how I can calculate total commission based on total units sold. For example, if I sold 137 units illustrated below, there is a commission rate per unit sold for each range. The first 75 sold would be multiplied by $1.05 = $78.7. The next 45 fall within the 76 to 120 range multiplied by $1.35 = $60.8 and there are 17 units remaining to be multiplied by $1.75 = $29.8. Total commission therefore would = $169.3 for the sale of 137 units.
A | B | C | D | E | F | |
1 | Unit Range | Lower Range | Upper Range | Commission Rate per Unit Sold | Cumulative Commission | Total Sales (Units) |
2 | 1 to 75 | 1 | 75 | $1.05 | $78.7 | 137 |
3 | 76 to 120 | 76 | 120 | $1.35 | $60.8 | |
4 | Over 121 | 121 | $1.75 | $29.8 | Total Commission | |
5 | $169.3 |
<tbody> </tbody>
<----- Formula I need
How can I put this in one formula in cell F5?
Thank you for taking the time to read this, much appreciated. Look forward to hearing from you all.
Regards,
Vladmir