I wrote a formula which calculates rates in 15 minute increments of time (rounds up every minute over 15 minutes). The rates are $450 for 1st hour, and $50 added for each !5 minute above that time. Overtime pay of $25 for each additional 15 minutes kicks in over 8 hours.
However, now I want the first hour to be broken down to $360 for first 30 minutes, $405 for up to 45 minutes. How do I do this?
My example file is attached. Notice the red numbers which need to be changed to values in the column to the right.
Thanks for your help!
Marc G.
Bookmarks