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MS Office Forum / Excel / Worksheet Functions / November 2006

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Timecard question

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Patrick - 07 Nov 2006 20:58 GMT
I have a timecard set up to calculate my par period hours, but can't figure
out how to take the total hours (say 68:00) and multiply it by the rate of
pay (say $20.00 per hour) and come up with the correct total pay ($1,360.00).
Here is how it is set up:

column d1:6 is formatted as [hh]:mm

a1 = Monday; b1 = start time (9:00 AM); c1 = end time (5:00 PM); d1 = total
daily hours (8:00)
a2 = Tuesday; b2 = start time (9:00 AM); c2 = end time (5:00 PM); d2 = total
daily hours (8:00)
a3 = Wednesday; etc...
a4 = Thursday; etc...
a5 = Friday; etc...

d6 = total weekly hours (40:00) =SUM(d2:d5)
d7 = rate of pay ($20.00) formatted as accounting
d8 = total pay ($800.00) formatted as accounting

The problem arises when I try to multiply d6 and d7.  d8 actually arrives at
$28.33 instead of the $800.00 that it should be.

Is there a way of resolving this?

Thanks
Teethless mama - 07 Nov 2006 21:11 GMT
=SUM(D1:D5)*24*D7
format as General

> I have a timecard set up to calculate my par period hours, but can't figure
> out how to take the total hours (say 68:00) and multiply it by the rate of
[quoted text clipped - 21 lines]
>
> Thanks
Patrick - 07 Nov 2006 21:27 GMT
This brings back an answer of 53.33...  Am I doing something wrong?  What is
the 24?

Thanks for your help... :)

> =SUM(D1:D5)*24*D7
> format as General
[quoted text clipped - 24 lines]
> >
> > Thanks
David Biddulph - 07 Nov 2006 21:40 GMT
What you are doing wrong is not multiplying by 24.  If you multiply your
53.33 by 24 you get 800.  There are 24 hours in a day, and Excel's time
format is in fractions of a day.
Signature

David Biddulph

> This brings back an answer of 53.33...  Am I doing something wrong?  What
> is
[quoted text clipped - 36 lines]
>> >
>> > Thanks
VBA Noob - 07 Nov 2006 21:15 GMT
In D8 try

=D6*D7*24

VBA Noob

> I have a timecard set up to calculate my par period hours, but can't figure
> out how to take the total hours (say 68:00) and multiply it by the rate of
[quoted text clipped - 21 lines]
>
> Thanks
Patrick - 07 Nov 2006 21:50 GMT
Well it all sounds so simple now...  Thanks it's working fine now.  

> In D8 try
>
[quoted text clipped - 27 lines]
> >
> > Thanks
 
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