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Consultant Break Even Worksheet/Formula Help

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  1. #1
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    Join Date
    06-12-2012
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    New York, USA
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    Excel 2010
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    40

    Consultant Break Even Worksheet/Formula Help

    Good afternoon. I was asked to track the activity of our consultants and report back what portion we are making gains/losses on. The way that it works is that they bill us a monthly retainer of $1500. Once they exceed 5 hours we keep the rest. The problem is that I can't seem to come up with a formula that populates the "Break Even" cell, this should be the amount of time 0-5 Hours*Cost Rate and the "Excess" cell for hours greater that 5*Cost Rate).

    Hopefull this makes sense and provides enough info. Any help would be greatly appreciated.

    Many thanks,
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    Last edited by andresndor; 10-05-2012 at 02:44 PM.

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