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Cost Calculation Formula help

  1. #1
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    Cost Calculation Formula help

    Hi Team,

    i am trying to generate a cost calculation report for our network bandwidth utilization cost estimates and need help on excel formula.


    Basically we are trying to perform the cost estimation for our bandwidth utilization.

    Attached file provide the data and reference points

    if 1GB is 0.087$ based on my utilization excel formulation as to calculate the cost estimation for me.

    Tricky part is when it is cross 1000GB cost of the bandwidth reduces to 0.082$

    so it has to calculate like upto 1000GB with the cost of 0.087 and after 1000GB crosses it has to calculate as 0.0.82$ for any 1 GB

    hope i explained correctly, please excuse me if i didn't conveyed message correctly.

    Thanks in advance for all your help.
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  2. #2
    Forum Expert etaf's Avatar
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    Re: Cost Calculation Formula help

    you could use a simple IF () or a nested table
    heres the simple IF
    =IF(D2>1000,((D2-1000)*0.082)+(1000*0.087),D2*0.087)
    simple example shown in this sheet

    BUT why do you make 1000 GB @ 870 ? have i misunderstood 0.087 * 1000 =87 not 870

    on sheet1
    =IF(A2="","",IF(A2>1000,((A2-1000)*0.082)+(1000*0.087),A2*0.087))

    I suspect a lookup table to see the tiers to apply maybe a way to go
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    Last edited by etaf; 03-29-2022 at 04:48 PM.
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    Re: Cost Calculation Formula help

    We put "$" to the left, just like they do for "£" in London. Also those cells should be numbers, not strings.

    I modified your example to be a lookup table with named cells, with a formula applied in the first sheet.
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    Jeff
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    Re: Cost Calculation Formula help

    Thank you all for your quick response.. this really helped and saved by time.. once again thank you quick response and showing me the way forward.

  5. #5
    Forum Expert etaf's Avatar
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    Re: Cost Calculation Formula help

    you are welcome

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