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Formula based on income for percentage splits in a range

  1. #1
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    Formula based on income for percentage splits in a range

    Hi everyone,

    Been searching all over for this and can;t find anything.

    Here's the situation:

    I'm projecting income for a budget for 2015. The income is for the company and brokers. So it is commission based.

    Here's the example: Broker 1 assumes he will make 125k this coming year. Which is 10416.67 avg a month. 10416.67*2=20833.33 for feb. Then 10416.67*3=31250.00 for march etc.
    The company has splits where
    0-49999.99 the broker makes 70% and the house takes 30%.
    50000-69999 broker makes 70% house makes 29% and support staff makes 1%
    70000+ Broker makes 89% house 10% staff 1%.
    So essentially im trying to make a formula that will return the amount each month broker and house will make each month based on the total earned.

    The hard part to consider is when it reaches the point of a cell where one month its 45000 then the next is 55000. That 10000 needs to be split by 5000 to 70/30 and 5000 to 70/29/1.

    CHALLENGE!

    Thanks all
    Last edited by Thecompass; 11-13-2014 at 07:59 PM.

  2. #2
    Forum Expert shg's Avatar
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    Re: Can Excel do this?

    Welcome to the forum.

    Please take a few minutes to read the forum rules, and then amend your thread title accordongly.

    Thanks.
    Entia non sunt multiplicanda sine necessitate

  3. #3
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    Re: Formula based on income for percentage splits in a range

    Title Changed. Hopefully thats better. Not really sure what to put.

    Thank you

  4. #4
    Forum Expert shg's Avatar
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    Re: Formula based on income for percentage splits in a range

    Much better, thank you.

    Row\Col
    A
    B
    C
    D
    E
    F
    G
    H
    1
    Cumu
    2
    $ -
    70%
    30%
    0%
    3
    $ 50,000.00
    70%
    29%
    1%
    4
    $ 70,000.00
    89%
    10%
    1%
    B2:F4: Input
    5
    6
    Month
    Earn
    Cumu
    Broker
    House
    Staff
    7
    Jan
    $ 10,584.48
    $ 10,584.48
    $ 7,409.14
    $ 3,175.34
    $ -
    B7:B17: Input
    8
    Feb
    $ 12,530.87
    $ 23,115.35
    $ 8,771.61
    $ 3,759.26
    $ -
    C7 and down: =SUM(B7,C6)
    9
    Mar
    $ 10,063.22
    $ 33,178.57
    $ 7,044.25
    $ 3,018.97
    $ -
    D7 and across and down: =SUMPRODUCT(($C7 > $B$2:$B$4) * ($C7 - $B$2:$B$4) * (D$2:D$4 - D$1:D$3)) - SUM(D$6:D6)
    10
    Apr
    $ 24,475.51
    $ 57,654.08
    $ 17,132.86
    $ 7,266.11
    $ 76.54
    11
    May
    $ 9,023.06
    $ 66,677.14
    $ 6,316.14
    $ 2,616.69
    $ 90.23
    12
    Jun
    $ 8,363.70
    $ 75,040.84
    $ 6,812.35
    $ 1,467.71
    $ 83.64
    13
    Jul
    $ 9,584.06
    $ 84,624.90
    $ 8,529.81
    $ 958.41
    $ 95.84
    14
    Aug
    $ 8,864.56
    $ 93,489.46
    $ 7,889.46
    $ 886.46
    $ 88.65
    15
    Sep
    $ 8,846.22
    $ 102,335.68
    $ 7,873.14
    $ 884.62
    $ 88.46
    16
    Oct
    $ 12,829.61
    $ 115,165.29
    $ 11,418.35
    $ 1,282.96
    $ 128.30
    17
    Nov
    $ 9,834.71
    $ 125,000.00
    $ 8,752.89
    $ 983.47
    $ 98.35
    Check
    18
    Total
    $ 125,000.00
    $ 97,950.00
    $ 26,300.00
    $ 750.00
    $ 125,000.00


    Staff isn't getting rich ...

  5. #5
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    Re: Formula based on income for percentage splits in a range

    Wow Thanks!

    I've created it a little more manually and we have the same end numbers but different monthly numbers...

    Its quitting time here on the west coast but I will be looking at this first thing in the morning!

    Thanks again! Excited to check it out and dig in.

  6. #6
    Forum Expert shg's Avatar
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    Re: Formula based on income for percentage splits in a range

    You're welcome.

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