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Count to max value in one excel cell then contintue counting in another

Posted by: admin May 14, 2020 Leave a comment

Questions:

Not sure how to describe this, but here goes.
I have a work time sheet – where the first 40 hrs are paid at rate-X and 41+ are paid at rate-Y.
The data to count is in one column. Example below:

date worked  | hrs worked
9-6-13       | 10
9-7-13       | 8
9-8-13       | 15
9-10-13      | 12 
------------------------
Total Hrs    | 45
Hrs 0-40     | **40   <formula for this?>**
Hrs 41+      | **5    <formula for this?**

Rate 0-40    | $10
Rate 41+     | $5

Total wage 0-40 hrs: $400     
Total wage 41+ hrs:  $25 

From the example – I need to count the hrs up to for and apply the $10/hr rate. Beyond that in a different cell continue counting and apply the $5/hr rate. IF the hrs are less than 40 – the second rate would not apply.

Is this possible???

Thank you in advance!

How to&Answers:

For the first range of 0-40 hours, you can use this:

=IF(B6 > 40, 40, B6)

Assuming that B6 contains the total hours.

For hours 41+, you would then use:

=IF(B6 > 40, B6-40, 0)

The total wages should now be easy 🙂

Answer:

Alternates, for the first 40 hours:

=MIN(40,B6)

For over 40 hours:

=MAX(0,B6-40)