Multiply Total Hours By Hourly Pay 


Multiply Total Hours By Hourly Pay  Excel 
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I'm trying to figure out what the formula is to multiply the total hours worked per week by their hourly pay for each individual. kind of like the
=Sum(I25:I32) Formula but I want to multiply the outcome of that formula by the hourly rate of 11.00, 15.00 and 16.00. Does anybody know how this can be done? If so I would greatly appreciate it.
Thanks!
charitydc
=Sum(I25:I32) Formula but I want to multiply the outcome of that formula by the hourly rate of 11.00, 15.00 and 16.00. Does anybody know how this can be done? If so I would greatly appreciate it.
Thanks!
charitydc
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Similar Topics
Hi! I'm hoping someone can help me, please! I need to multiply the number of hours by a daily rate if the hours are 4 hours or more. and I need to multiply the number of hours by an hourly rate if the number of hours is 3 or less. I need it to round up to the next hour if the number of minutes is greater than 15. My formula is working great except for when the hours are 4 and the minutes are from 0 to 14 it wants to multiply by the daily rate. I'm thinking I need the hour qualifier in the beginning of the formula so that it will test if it is four hours and stop and not mess with the minutes? I tried to fix it and I ending up getting the daily rate when I had 3:16 minutes for example because it was rounding to 4. 3:16 minutes would only be the hourly rate because it wasn't actually greater than 4 hours. Any thoughts? Following is my formula:$A$83 is the daily rate and $A$84 is the hourly rate,
=IF(IF(MINUTE(AA3)<=14,HOUR(AA3),HOUR(AA3)+1)>4,$A$83,IF(MINUTE(AA3)<=14,HOUR(AA3),HOUR(AA3)+1)*$A$84)
I would greatly appreciate any help that could be offered.
Thanks again.
Angela
Dang... the hardest part of trying to ask for help is trying to figure out how to say what you want to say!!!
I am trying to create a conditional formula. I have multiple workers that work for different $$ per hour. I am keeping the hourly rates on one page for security purposes (the person that is going to be updating the hours worked is not very computer savy and they less they have to type the better) and the hours on another... I want copy a formula down the page that will calculate the hours to the hourly rate. The issue is that i want the formula to look at all of the hourly rates (assume they get raises) for Joe and multiply the most recent hourly rate times the hours... in addition I don't want the formula to recalculate when a new hourly rate is put into the hours sheet.
Example
Jan. 1 joe works 8hours at $10 per hour formula in A1 (or wherever) calculates $80
Jan. 2 joe gets $1 raise
Jan. 2 Joe works 8 hours at $11 per hour formual in A2 calculates $88 but formula in A1 maintains the $80 and does not calculate the $1 raise.
Does this make sense???
Thanks for your help. If confused let me know and i will
I am trying to create a conditional formula. I have multiple workers that work for different $$ per hour. I am keeping the hourly rates on one page for security purposes (the person that is going to be updating the hours worked is not very computer savy and they less they have to type the better) and the hours on another... I want copy a formula down the page that will calculate the hours to the hourly rate. The issue is that i want the formula to look at all of the hourly rates (assume they get raises) for Joe and multiply the most recent hourly rate times the hours... in addition I don't want the formula to recalculate when a new hourly rate is put into the hours sheet.
Example
Jan. 1 joe works 8hours at $10 per hour formula in A1 (or wherever) calculates $80
Jan. 2 joe gets $1 raise
Jan. 2 Joe works 8 hours at $11 per hour formual in A2 calculates $88 but formula in A1 maintains the $80 and does not calculate the $1 raise.
Does this make sense???
Thanks for your help. If confused let me know and i will
This is what I want to do:
Want to input the amount of hours I work every day.
Add all the hours up for each week and multiply it by my hourly wage to figure out what my gross total is.
Then, for every $100, I want it to deduct a certain amount (to roughly estimate for taxes).
I know how to do the first two, but I don't know how to do the last part. Is that possible?
Thanks.
Want to input the amount of hours I work every day.
Add all the hours up for each week and multiply it by my hourly wage to figure out what my gross total is.
Then, for every $100, I want it to deduct a certain amount (to roughly estimate for taxes).
I know how to do the first two, but I don't know how to do the last part. Is that possible?
Thanks.
When I subtract 15:30 from 09:00, I get 6:30. But when i use this as hours worked and multiply it by an hourly rate, i get an inaccurate number. How do I accomplish this. I just want to be able to subtract an ending time from the beginning time and multiply it by an hourly rate.
doing a project spread sheet using custom format hh:mm to record volunteer
hours.
Problem 1  volunteers who have contributed > 24 hours return the wrong
answer when hours totalled )i.e. seems to go back to zero when 24 hours
reached)
problem 2 how do I multiply the totla individual hours by the individual
hourly rates to obtain a total value?
hours.
Problem 1  volunteers who have contributed > 24 hours return the wrong
answer when hours totalled )i.e. seems to go back to zero when 24 hours
reached)
problem 2 how do I multiply the totla individual hours by the individual
hourly rates to obtain a total value?
Entering time values in custom format [h]:mm:ss
Cells accept hours over 23,
Adding cells in column returns correct total time.
Have not found a way to multiply these cells by a $ hourly rate.
So use HOUR(cell ref) and MINUTE(cell ref) to capture values in referenced
cell  then use these values to calculate total payment for $rate per hour.
However, the HOUR(cell ref) formula returns the hours in excess of 24 when
the cell contains an hour value in excess of 23 (ie 27 hours returns 3).
Cells accept hours over 23,
Adding cells in column returns correct total time.
Have not found a way to multiply these cells by a $ hourly rate.
So use HOUR(cell ref) and MINUTE(cell ref) to capture values in referenced
cell  then use these values to calculate total payment for $rate per hour.
However, the HOUR(cell ref) formula returns the hours in excess of 24 when
the cell contains an hour value in excess of 23 (ie 27 hours returns 3).
Hi All
This is my second post and I thought I would ask a excel question.
I am making a sheet to keep track of man hours worked during the week.
I can format the cell to figure out hours worked for a day by Subtracting the end time from the start time +12.
Start 8, End 4, Total Hours worked 8 hours or = C7B7+12 is 8 hours.
BUT.....
if I SUM the 5 cells I use for the amount of the five work days totals hours, AND it's over 40!! How do I
Get 1 through 40 hours to *hourly rate, and any overtime hours to *by 1.5 the hourly rate? (DISCLAIMER)I am very much a beginner so please go easy if it is at all possible.
THANKS for your help or even to be pointed in the right direction.
Bill
This is my second post and I thought I would ask a excel question.
I am making a sheet to keep track of man hours worked during the week.
I can format the cell to figure out hours worked for a day by Subtracting the end time from the start time +12.
Start 8, End 4, Total Hours worked 8 hours or = C7B7+12 is 8 hours.
BUT.....
if I SUM the 5 cells I use for the amount of the five work days totals hours, AND it's over 40!! How do I
Get 1 through 40 hours to *hourly rate, and any overtime hours to *by 1.5 the hourly rate? (DISCLAIMER)I am very much a beginner so please go easy if it is at all possible.
THANKS for your help or even to be pointed in the right direction.
Bill
So, i have a table which is coordinating hours worked for my clients.
However, this has been generated into a box where i am using a hh:mm format.
I am then inputing an hourly rate and require a multiplication to take
place. As i have a different value for different clients, i need to be able
to input a number and this to be multiplied by the hours.
I am going crazy as the Excel help facility is either sending me round in
circles or giving me help which is no help at all.
However, this has been generated into a box where i am using a hh:mm format.
I am then inputing an hourly rate and require a multiplication to take
place. As i have a different value for different clients, i need to be able
to input a number and this to be multiplied by the hours.
I am going crazy as the Excel help facility is either sending me round in
circles or giving me help which is no help at all.
Hello All,
I've been working on this equation for a couple of hours now and just know that I'm missing something simple. Any help would be greatly appreciated.
Below is a section of the spreadsheet that I have created to calculate payouts under specific conditions. The payouts are all based on a weekly rate. However, all of our data is either an annual rate or an hourly rate and the user would be entering it in that way. The user would be entering either an annual or an hourly rate as appropriate under the applicable column, leaving the other column blank. I want to be able to put a single formula under the weekly rate that will calculate the weekly rate as appropriate and as per how the rate was entered.
For example  to calculate the weekly rate using an annual salary the formula is  $annual rate/52.18. Using an hourly rate the formula is $hourly rate * hours of work per week.
How can I incorporate both of these formulas into one, so that the user can enter the rate field as either annual or hourly and the formula will calculate the weekly rate.
Hours of Work
(per week)
Annual Salary Hourly Rate Weekly Rate $0.000
Thanks.
I've been working on this equation for a couple of hours now and just know that I'm missing something simple. Any help would be greatly appreciated.
Below is a section of the spreadsheet that I have created to calculate payouts under specific conditions. The payouts are all based on a weekly rate. However, all of our data is either an annual rate or an hourly rate and the user would be entering it in that way. The user would be entering either an annual or an hourly rate as appropriate under the applicable column, leaving the other column blank. I want to be able to put a single formula under the weekly rate that will calculate the weekly rate as appropriate and as per how the rate was entered.
For example  to calculate the weekly rate using an annual salary the formula is  $annual rate/52.18. Using an hourly rate the formula is $hourly rate * hours of work per week.
How can I incorporate both of these formulas into one, so that the user can enter the rate field as either annual or hourly and the formula will calculate the weekly rate.
Hours of Work
(per week)
Annual Salary Hourly Rate Weekly Rate $0.000
Thanks.
I have a problem with trying to figure up how much to pay a telemarketer for the week. Our payroll spreadsheet is right now set up to figure up an hourly rate and a commission for the week. Whichever is greater, the salesman gets paid that amount. I found out that actually we've been paying wrong. What should happen is this: if the hours worked > 40 AND the commission > hourly rate, then it should be ((commission/hours) * .5 * overtime hours) + commission, else if either one of those is false then it should pay the greater of the commission or the hourly rate. I need to come up with a foolproof formula that will get me this amount. If there is anyone who can help me, I would greatly appreciate it.
Thanks,
Thanks,
Hours Worked Normal Hours After Hours Pay Start 8:30:00 PM 8:30 3:30 5:00 3.50 5.00 23:54 Finish 5:00:00 AM
I am starting with a very simple spreadsheet just to figure out the mechanics.
As you can see, in B2 and B3 I have 2 time objects.
For normal Hours I have =D34+(B2>D34)B2
For After Hours I have =B3+(D34>B3)D34
Then as you can see I have a value of 3.50, which is a decimal conversion of the 3:30 hours using
=HOUR(D2)+((MINUTE(D2)*0.01)*(1.66))
But because this is still typically a time object, if I was to multiply it by an hourly rate, I will not be returned with the correct pay.
What I need is to figure out a way to make that 3.5 a number that I can multiply and I simply cant remember how to cast it as an int properly.
I did try =INT(E2)+(E2INT(E2))/0.6 but it looks ok, until you give it more than 2 decimal places, then it turns from 0.35 to 0.347
Any Ideas guys?
I'm hoping someone can help me. I am trying to build a formula that will determine an hourly wage. For example. If I make $1000.00 a week, and work 73.5 hours during that week, how can I create a formula that will determine for me the hourly rate up to 40 hours, and the overtime rate at 1.5X thereafter.....keeping taxes completely out of the picture. The only constant in the formula would be the $1000.00 per week, the hourly wage and overtime wage would constantly change depending on the hours worked for the week. Any help at all would definately be appreciated!
Please help.
In one cell I have number of hours worked in time format e.g. 8:00 hours.
In the next cell I have the hourly pay rate in currencly format e.g. $22.50
In the next cell I want to be able to multiply 8.00 hours by $22.50 to get
the daily amount of pay but when I multiply the 2 cells I get some figure
which is way off. Does anyone know how I can do this ?
Thank You
In one cell I have number of hours worked in time format e.g. 8:00 hours.
In the next cell I have the hourly pay rate in currencly format e.g. $22.50
In the next cell I want to be able to multiply 8.00 hours by $22.50 to get
the daily amount of pay but when I multiply the 2 cells I get some figure
which is way off. Does anyone know how I can do this ?
Thank You
Hello,
I am having trouble with an if statement that calculates pay rates. The
rules are the first 20 hours are straight time, the next 10 (Between 20 and
30 hours) are at 1.5 times the hourly rate, then anything over 30 hours is 2
times the hourly rate. I am obvoiusly multiplying all of my hours here by
it's hourly rate times 2  I just can't seem to fit it all in without adding
additional coulmns.
Start time Stop time Hrly rate Hours worked Gross pay Correct Answer
7:00 22:57 10.75 39:57 $859.14 $590.39
Any Suggestions?
Thank you,
Denise
I am having trouble with an if statement that calculates pay rates. The
rules are the first 20 hours are straight time, the next 10 (Between 20 and
30 hours) are at 1.5 times the hourly rate, then anything over 30 hours is 2
times the hourly rate. I am obvoiusly multiplying all of my hours here by
it's hourly rate times 2  I just can't seem to fit it all in without adding
additional coulmns.
Start time Stop time Hrly rate Hours worked Gross pay Correct Answer
7:00 22:57 10.75 39:57 $859.14 $590.39
Any Suggestions?
Thank you,
Denise
Hi guys
I've attached a sheet which I use for invoicing. Some employees are paid hourly and some are paid a day rate. When I input data into the hourly rate employees the sub total calculation is correct. When I input data into the flat rate employees the sub total calculation isn't adjusted.
D15 holds the amount of hours worked for an hourly employee. V15 holds the amount calculated. D97 holds the amount of hours worked for an hourly rate employee. V109 is supposed to make the calculation but doesn't.
Thanks
Beanie
Sorry for this lame post.....
I've a cell showing the amount of hours spent on a project (68:45:00).
My hourly rate is $ 105
How do I convert the hours into a number which I can then multiply with 105
to get the correct cost?
Regards
Mr. Smith
I've a cell showing the amount of hours spent on a project (68:45:00).
My hourly rate is $ 105
How do I convert the hours into a number which I can then multiply with 105
to get the correct cost?
Regards
Mr. Smith
Hi everyone,
I'm using Excel to keep track of my hours at work, which is great. What I'd love to do is have the total hours multiplied by my hourly wage in another column, so I can know what to expect on my paycheck. I thought it was as simple as clicking another cell and choosing the Total Hours cell and multiplying it by the hourly wage but that doesn't seem to work.
My Total Hours cell (E4) is formatted using [h]:mm:ss. If I try and simply multiply, like =E4*wage, I get an odd number, that I think is formatted as time. If I try to change it to currency, I get a really small number like $10.78, and it's the same result if I switch the formatting to General or just Number.
What am I doing wrong? What formula am I supposed to use, or am I using the wrong formatting?
Any help or insight would be appreciated. Thanks everyone!
 K
I'm using Excel to keep track of my hours at work, which is great. What I'd love to do is have the total hours multiplied by my hourly wage in another column, so I can know what to expect on my paycheck. I thought it was as simple as clicking another cell and choosing the Total Hours cell and multiplying it by the hourly wage but that doesn't seem to work.
My Total Hours cell (E4) is formatted using [h]:mm:ss. If I try and simply multiply, like =E4*wage, I get an odd number, that I think is formatted as time. If I try to change it to currency, I get a really small number like $10.78, and it's the same result if I switch the formatting to General or just Number.
What am I doing wrong? What formula am I supposed to use, or am I using the wrong formatting?
Any help or insight would be appreciated. Thanks everyone!
 K
Hiya. I haven't used Excel in awhile, and have forgotten what I assume has to be an easy formula for figuring out gross income in my table. I do have it calculating the hours worked minus lunch, and totalling that for one number (e.g. 31:50) and now need to multiply that by rate of pay ($15/hr). I'd even like to make it more complicated and have the total hours per week calcuated, then have a column for whatever overtime (over 40:00) and multiply the upto40 hours times $15, and anything over that times $22.50, then add all that together........
If anyone can give me a hand, that'd be great. Thanks in advance!
(I'll edit this in a minute after I review the "how to copy/paste your excel grid into posts without it looking ridiculous" for a sample... thanks!)
If anyone can give me a hand, that'd be great. Thanks in advance!
(I'll edit this in a minute after I review the "how to copy/paste your excel grid into posts without it looking ridiculous" for a sample... thanks!)
Hi,
I am trying to set myself up a timesheet using Office 2007 (OS  Vista Home Premium 32 bit)
I enter my start time and finish time and ask for the time difference  I then have a hidden column which converts the time difference to a general number so I can use it to multiply with my hourly rate. My problem is that the hidden column does not return the converted minutes, just the hours so therefore when I multiply it with my hourly rate is not correct as it misses the minutes.
This is how it looks in row 3
In A3 I enter the date e.g. 10/03/08
In B3 I enter my start time e.g. 09:30
In C3 I enter my finish time e.g. 17:00
In D3 I have =IF(A3="","",C3B3) which returns 08:30
In E3 I have =IF(D3="","",HOUR(D3)) which returns 8 (this is a hidden column)
This is where the problem lies as I need it to convert 08:30 to 8.5 so i can multiply it with my hourly rate.
In F3 I have =IF(E3="","",IF(E3>=7,$F$1,IF(E3=4,$F$1/2,$F$1/7.5*E3))) which returns what I should charge but if I work anything with a 1/2 hour in it the results do not calculate it.
I'm sure this is something very simple and would appreciate any help with which function I should use in E3 to return the 8.5 needed.
Many Thanks
Zobble!
I am trying to set myself up a timesheet using Office 2007 (OS  Vista Home Premium 32 bit)
I enter my start time and finish time and ask for the time difference  I then have a hidden column which converts the time difference to a general number so I can use it to multiply with my hourly rate. My problem is that the hidden column does not return the converted minutes, just the hours so therefore when I multiply it with my hourly rate is not correct as it misses the minutes.
This is how it looks in row 3
In A3 I enter the date e.g. 10/03/08
In B3 I enter my start time e.g. 09:30
In C3 I enter my finish time e.g. 17:00
In D3 I have =IF(A3="","",C3B3) which returns 08:30
In E3 I have =IF(D3="","",HOUR(D3)) which returns 8 (this is a hidden column)
This is where the problem lies as I need it to convert 08:30 to 8.5 so i can multiply it with my hourly rate.
In F3 I have =IF(E3="","",IF(E3>=7,$F$1,IF(E3=4,$F$1/2,$F$1/7.5*E3))) which returns what I should charge but if I work anything with a 1/2 hour in it the results do not calculate it.
I'm sure this is something very simple and would appreciate any help with which function I should use in E3 to return the 8.5 needed.
Many Thanks
Zobble!
Every week our payroll department has to recalculate hourly rates for a number of union employees.
This becomes time consuming because its a lot of trial and error.
Employee A gets $2775 every paycheck regardless of the number of hours worked. Kind of like salary.
Overtime hourly rate is always 1.5 the regular rate.
So what I need help on is a formula that will calculate what C2 in Example 1 should be. Through trial an error I figure out that C2 should be $30.96 and C11 should be $28.84. Is that possible?
Or is there an easier way to do this?
This becomes time consuming because its a lot of trial and error.
Employee A gets $2775 every paycheck regardless of the number of hours worked. Kind of like salary.
Overtime hourly rate is always 1.5 the regular rate.
So what I need help on is a formula that will calculate what C2 in Example 1 should be. Through trial an error I figure out that C2 should be $30.96 and C11 should be $28.84. Is that possible?
Or is there an easier way to do this?
How do you Calculate the weekly pay for each employee. Remember there are salary and hourly employees. Hourly employees will be paid 1.5 times their hourly rate for any hours worked above 40.
Ex:
1. Wilma's payrate is $150,000 yearly at 40 hrs.
2 John's payrate is $7.50 hourly at 44 hrs.
Ex:
1. Wilma's payrate is $150,000 yearly at 40 hrs.
2 John's payrate is $7.50 hourly at 44 hrs.
Can someone help with a small problem that I'm having. I'm trying to format
a group of cells so I can calculate hours of work , then multiply that by my
hourly wage. I'd like it to read so that I can add a list of hours and then
multiply it by the hour rate of pay. (I.E. 8.30 hr + 8.30 hr + 8.30 hr =
25.30 X $10.00 = $253.00 )
(@ @)
o00o(_)o00o
a group of cells so I can calculate hours of work , then multiply that by my
hourly wage. I'd like it to read so that I can add a list of hours and then
multiply it by the hour rate of pay. (I.E. 8.30 hr + 8.30 hr + 8.30 hr =
25.30 X $10.00 = $253.00 )
(@ @)
o00o(_)o00o
Should be pretty simple.
you just have to convert the minutes to decimals.
30 minutes = .5 hours right..
so your formula is
hours + (minutes / 60)
"KC" wrote:
> I am trying to add hours together and then multiply that by an hourly wage.
> For example (in hours:minutes)
>
> 38:46 + 24:22 = 63:08 = 63.14 x $8.00 = $505.12
>
> Is there any way to do this in excel or am I asking too much of the program?
>
> Thank you for your help!
you just have to convert the minutes to decimals.
30 minutes = .5 hours right..
so your formula is
hours + (minutes / 60)
"KC" wrote:
> I am trying to add hours together and then multiply that by an hourly wage.
> For example (in hours:minutes)
>
> 38:46 + 24:22 = 63:08 = 63.14 x $8.00 = $505.12
>
> Is there any way to do this in excel or am I asking too much of the program?
>
> Thank you for your help!
Hello,
I created a excel sheet to keep track of my hours at work as someone in accounting likes to screw up the hours. I have the following colums.
Date, Time in, Lunch out, Lunch in, and Time out and total. I have the totals added up per day then per week and per check. Now I would like to figure out a formula so I can take the cell with my total hours per week and take my hourly rate and come up with a figure for Gross and Net pay.
Is this possible?
For my hours for the day I am using this formula = F2+(F2
I created a excel sheet to keep track of my hours at work as someone in accounting likes to screw up the hours. I have the following colums.
Date, Time in, Lunch out, Lunch in, and Time out and total. I have the totals added up per day then per week and per check. Now I would like to figure out a formula so I can take the cell with my total hours per week and take my hourly rate and come up with a figure for Gross and Net pay.
Is this possible?
For my hours for the day I am using this formula = F2+(F2