I am new to the forum and would appreciate any advice on this one. I am trying to create a formula to compute bonuses for a sales department. The criterion for the bonus payouts is described in the table below. I have also attached a spreadsheet with sales data and bonus criterion.
PAYS No Letter Letter +$1500-$9999.99 Letter + $10,000-$24,999.99 Letter +>$25,000
1 $5 3% of total sales 5% of total sales 7% of total sales
2 $10 5% of total sales 7% of total sales 9% of total sales
3 $15 7% of total sales 9% of total sales 11% of total sales
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