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Thread: Time and Labor Calculation help Please...

  1. #1

    Time and Labor Calculation help Please...



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    Hi Friends


    I need help in couple of issues.


    A1 has Hourly Bill Rate: 72.00 - formatted as Number
    B1: has No of hours Billed: 32.25 ( 32 Hours 25 mins) - - formatted as Number
    C1: Total Cost: A1*B1 - - formatted as Number


    Here is the problem:
    C1 (A1*B1) = 2322.00 (72*32.25)


    But it is supposed to be 2334.00


    Explanation: 72*32 hours = 2304 & if we divide 72/60 then 1.2 per minute. so 25min * 1.2 = 30 - - -final cost: 2304+30=2334.00




    help me formula for excel formaula as well as Userform form formula.


    tekkie4@yahoo.com
    excel 2007

  2. #2
    Conjurer CheshireCat's Avatar
    Join Date
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    How about this:

    Code:
    =(INT(A2)+MOD(A2,1)*100/60)*A1

  3. #3
    Another way

    =A1*SUBSTITUTE(B1,".",":")*24

  4. #4
    Hi

    It will be nice to browse forums, without seeing the same post on every forum!!

    http://www.excelforum.com/excel-gene...lp-please.html

  5. #5
    At least he hasn't duplicate posted here

  6. #6
    Administrator Ken Puls's Avatar
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    Quote Originally Posted by Bob Phillips View Post
    At least he hasn't duplicate posted here
    I wish that wasn't so funny!
    Ken Puls, FCPA, FCMA, MS MVP (Excel)

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