Hi there,
I'm trying to create a formula that will provide a total cost based on number of items within a range. I have a formula in my file but it is not returning the correct total. Ultimately each quantity threshold will have a different rate.
# OF ITEMS RATE PER ITEM
1,000,000 $40.00
2,000,000 $40.00
3,000,000 $40.00
4,000,000 $40.00
5,000,000 $40.00
6,000,000 $40.00
0
ITEM # COST
4,678,910 $147,156,400.40
What the total should be $187,156,400.00
Delta/Variance $39,999,999.60
=SUM(IF(IF(A$17>=A7:A12,A7:A12-A6:A11,A$17-A6:A11+0.01)>0,IF(A$17>=A7:A12,A7:A12-A6:A11,A$17-A6:A11+0.01)*B6:B11))
Please let me know if you need any further information.
Thank you for any help you can provide, I greatly appreciate it.
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