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How to Assign Monetary Value to Percentages?

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    How to Assign Monetary Value to Percentages?

    Hi there,

    I'm brand new to this forum, so please forgive me in advance. I am hoping someone might be able to point me in the right direction. I got a request from my boss and it's something I've never done in Excel and far more advanced than anything I've tried to do.

    In my spreadsheet, Columns B-BD are server names, and Rows 2-13 are program names. Inside the corresponding cells all have to display as percentages, and we are trying to display what percentage of each server is being used by each program. In Row 14, each column must total to be 100%. That part is easy, I already have that all setup.

    However, the next step requires that each server is assigned a monetary value - one of two monetary values for Virtual or Physical server. Then, somehow I need Excel to calculate the monetary value for each percentage.

    For example: if Column B is Virtual, and Row 14 totals up to equal 100%, it also equals $1,000. Say Cell B4 is equal to 50% and B5 is equal to 50%, each cell is also equal to $500. Easy enough in theory, but how should I execute this so that these cells stay in % format, but Column BE titled "Total Cost" displays the monetary value for each Program (row)?

    I'm pretty sure there will be some kind of formula so I guess that's what I'm asking... how to calculate it?

    I'll attach a screen shot to show you the gist of how it looks so far... any help would be greatly appreciated!! Thanks in advance!


    \1 <--does this forum not let you embed pics?
    Last edited by MissJones; 01-06-2010 at 02:24 PM.

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    Re: How to Assign Monetary Value to Percentages?

    How do you know when a column is Virtual versus Physical?
    Where there is a will there are many ways.

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    Re: How to Assign Monetary Value to Percentages?

    Well there was a slight change, so now it looks like I can't use the values as stated in the Key. I will be taking a specific value from a list in Sheet 2 (Example - Sheet 2, Column U, Rows 1-55 each have their own specific value that correspond to Sheet 1, Row 1, Columns B-BD).

    I think I'm just confusing myself at this point.

    I'm thinking that there's some way to make a Sheet 3 that mirrors Sheet 1 (as seen in my image attached) but have them show up as monetary value instead of percentages, and then have a fairly simple formula that combines Sheet 1 and Sheet 2 into Sheet 3 to get the Total Value?

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    Re: How to Assign Monetary Value to Percentages?

    Quote Originally Posted by NBVC View Post
    How do you know when a column is Virtual versus Physical?
    Sorry, that's what the change was. Disregard the Key and Virtual vs. Physical because now each server will have its own assigned value in Sheet 2.

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    Re: How to Assign Monetary Value to Percentages?

    Post an actual Excel Workbook sample.. change confidential information...

    Show what you have and what you want.

    To add workbook, click Post Reply and then click paperclip icon, browse and upload...

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    Re: How to Assign Monetary Value to Percentages?

    Thanks for your quick reply.

    Basically, the values for each server in Sheet 2 would correspond to the Total Percent which should always total 100%.

    So, if Server 1 has a value of $100, and it has one process that takes up 50% and another process that takes up 50%, each would equal $50. Now, I want to see how much Process 1 costs to run between all servers. So, if we determined that cell B4 is worth $50, we would have to calculate that for all of the remaining cells. Then I would need to total up each row (process) for a total $ amount in column I.

    I really hope that makes sense!
    Attached Files Attached Files

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    Re: How to Assign Monetary Value to Percentages?

    Try:

    =SUMPRODUCT(SUMIF(Sheet2!$A$2:$A$8,Sheet1!$B$1:$H$1,Sheet2!$B$2:$B$8)*$B2:$H2)

    copied down

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    Re: How to Assign Monetary Value to Percentages?

    Oh and another thing I didn't mention is that the info in Sheet 2 is important in the fact that the value for each server on Sheet 1 will always be coming from Column U in Sheet 2. The data in that column will be replaced every month with new numbers (copied and pasted from another spreadsheet monthly), so whatever formula I use will have to incorporate that... is that possible? Sorry for all the questions.

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    Re: How to Assign Monetary Value to Percentages?

    See above formula... you may have to change to something like:

    =SUMPRODUCT(SUMIF(Sheet2!$A$2:$A$8,Sheet1!$B$1:$H$1,Sheet2!$U$2:$U$8)*$B2:$H2)

    adjust ranges to match the quantity of rows/columns in respective sheets.

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    Re: How to Assign Monetary Value to Percentages?

    Quote Originally Posted by NBVC View Post
    Try:

    =SUMPRODUCT(SUMIF(Sheet2!$A$2:$A$8,Sheet1!$B$1:$H$1,Sheet2!$B$2:$B$8)*$B2:$H2)

    copied down
    Thanks! I copy this down Column I?

    I copied this into Cell I4 and it gave me 540. I did the manual calculations and came up with $610 for Process 3.

    I copied it in the rest of Column I and it gave me errors.

    I'm assuming each Row in Column I will have to have it's own formula to correspond with Sheet 2's values.

    Edit: I didn't see your most recent post. Thanks a bunch for your help, I'll play around with it and let you know how it works!

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    Re: How to Assign Monetary Value to Percentages?

    See attached
    Attached Files Attached Files

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    Re: How to Assign Monetary Value to Percentages?

    Quote Originally Posted by NBVC View Post
    See attached
    Okay, I think I'm figuring it out slowly but surely Now I just have to apply this to my massive "real" spreadsheet!

    You've been a big help, thanks so much.

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    Re: How to Assign Monetary Value to Percentages?

    No problem,

    Come back if you need further assistance,

    If satisfied, please mark your thread solved... see my sig for FAQ on how to.

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    Re: How to Assign Monetary Value to Percentages?

    Oh trust me, I will! I'm still waiting for my boss to get off his call which will determine the exact percentages. Once I get everything imported I will check my formulas.

    I have already calculated my formulas (based on yours) to look like this


    Process 1:
    =SUMPRODUCT(SUMIF(Sheet2!$A$1:$A$55,Sheet1!$B$1:$BD$1,Sheet2!$U$1:$U$55)*$B2:$BD2)

    Process 2:
    =SUMPRODUCT(SUMIF(Sheet2!$A$1:$A$55,Sheet1!$B$1:$BD$1,Sheet2!$U$1:$U$55)*$B3:$BD3)
    etc., and I think it will work.

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    Re: How to Assign Monetary Value to Percentages?

    I am not sure of how you are actually entering the formulas, but did you know you only need to enter it once in the top cell, then you can copy the formula down and it will automatically adjust to the process you are at?

    So after you copy paste the first formula:


    =SUMPRODUCT(SUMIF(Sheet2!$A$1:$A$55,Sheet1!$B$1:$BD$1,Sheet2!$U$1:$U$55)*$B2:$BD2)

    then select that cell again, then click and drag down the little black square at the bottom right corner of the cell, when you let go, the formulas will have updated to correspond to the row it's in...

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    Re: How to Assign Monetary Value to Percentages?

    Well, I tried what you said but it doesn't seem to do anything when I click and drag. I already made the formulas, fortunately there were only 13 rows of Processes.

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    Re: How to Assign Monetary Value to Percentages?

    it doesn't seem to do anything when I click and drag
    What do you mean by doesn't do anything? Do the formulas appear correctly, but don't give desired results? If so, go to Tools|Options and in Calculation Tab make sure Automatic is selected.

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    Re: How to Assign Monetary Value to Percentages?

    Well entered the first formula into the cell. I clicked it like you said and dragged down to the bottom of the column, but it just highlights the cells, it doesn't copy anything. I checked and calculations are set to automatic.

    I'm not too worried about that for this project, although it would be nice to know how to do it in the future.

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    Re: How to Assign Monetary Value to Percentages?

    You have to click the little black square at the bottom right corner of that cell, then drag that down... the mouse icon will turn into a solid cross when hovering over that little square.

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    Re: How to Assign Monetary Value to Percentages?

    Update: We changed the names of the worksheets. So it is not Sheet1, Sheet2 anymore. I edited the formula to reflect the names of the worksheets and it works!

    My boss is super happy with me. Thanks for all your help!

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    Re: How to Assign Monetary Value to Percentages?

    Is he super happy with me too

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    Re: How to Assign Monetary Value to Percentages?

    Probably, would you like a cookie? lol

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    Re: How to Assign Monetary Value to Percentages?

    Our "cookies" in the forum are the clicks of the scale buttons in the posts that helped you

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