I completed the formula, but its still coming out wrong. My total should be $108.36 for commission. Please verify my formula?

1. calculate commission. Commission is only paid if the Quota is met. The formula used for Commission calculation will be an IF statement that contains two VLOOKUP commands. The following is the logic for the commission formula in English. This must be converted to commands for Excel. You will use IF statement with VLOOKUPS to find data in the table. Suggestion: first create each Vlookup separately to get format correct and verified. Build your full IF () statement from known-good functions, after verifying each individually.

(Note wage sheet at bottom)
Commission Calculation:
IF the daily sales are greater than (Hours Worked times Hourly Quota) [from table] then
TRUE = Calculate commission using this formula:


(Daily sales minus the (Hours Worked times Hourly Quota)) multiplied by the commission rate [from table]
FALSE (i.e. not true) = zero (0) commission

Attached Files

Draper Auto Parts_MWatkins.xlsx (46.6 KB, 11 views)

Let's forget about the formula for a minute,

1. Daily sales =
   
2. Hours Worked times Hourly Quota =
   
3. Commission rate [from table] =

Since this sounds like homework, what do you get for the three independent questions above.

After you get the three answers above, work the answer out on paper.

What do you get?

And finally, why do you think the answer is $108.36?

Jeff, I see we agree, but as the OP says it is not homework (https://www.msofficeforums.com/excel...ups-excel.html) .....

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