Hi,
a proposal:
<table border='1' cellspacing='0' cellpadding='2' valign='middle' colspan='6' style='font-family:Calibri; color:#000000; background-color:#FFFFFF; font-size:11px; font-weight:normal; font-style:normal; '><colgroup><col width='28pt'><col width='119,25pt'><col width='119,25pt'><col width='119,25pt'><col width='119,25pt'><col width='72pt'></colgroup><tr style='background-color:#cacaca'><td> </td><td align='middle'>A</td><td align='middle'>B</td><td align='middle'>C</td><td align='middle'>D</td><td align='middle'>E</td></tr><tr><td style='background-color:#cacaca' align='middle'>1</td><td align='middle' >start</td><td align='middle' >end</td><td align='middle' >total hrs</td><td align='middle' >real time hrs</td><td align='middle' >?</td></tr><tr><td style='background-color:#cacaca' align='middle'>2</td><td align='middle' >12/28/12 14:29</td><td align='middle' >12/31/12 12:31</td><td align='middle' >70:02</td><td align='middle' >34:02</td><td align='middle' >1.418055556</td></tr><tr><td style='background-color:#cacaca' align='middle'>3</td><td align='middle' style='font-size:9px; ' >MM/DD/YY h:mm</td><td align='middle' style='font-size:9px; ' >MM/DD/YY h:mm</td><td align='middle' style='font-size:9px; ' >[h]:mm</td><td align='middle' style='font-size:9px; ' >[h]:mm</td><td align='middle' style='font-size:9px; ' >General</td></tr><tr><td style='background-color:#cacaca' align='middle'>4</td><td align='middle' > </td><td align='middle' > </td><td align='middle' > </td><td align='middle' > </td><td align='right' > </td></tr><tr><td style='background-color:#cacaca' align='middle'>5</td><td align='middle' >work time start</td><td align='middle' >work time end</td><td align='middle' >hrs</td><td align='middle' >daily work time</td><td align='right' > </td></tr><tr><td style='background-color:#cacaca' align='middle'>6</td><td align='middle' >8</td><td align='middle' >20</td><td align='middle' >12</td><td align='middle' >0.5</td><td align='right' > </td></tr><tr><td style='background-color:#cacaca' align='middle'>7</td><td align='middle' style='font-size:9px; ' >General</td><td align='middle' style='font-size:9px; ' >General</td><td align='middle' style='font-size:9px; ' >General</td><td align='middle' style='font-size:9px; ' >General</td><td align='right' > </td></tr></table><br><table border='3' cellspacing='0' cellpadding='2' valign='middle' colspan='2' style='table-layout:auto; color:#000000; background-color:#FFFFFF; font-family:Calibri; font-size:10px;'><colgroup><col width='40pt'><col></colgroup><tr style='background-color:#eeaaaa'><td>Cell</td><td>Formula</td></tr><tr><td>C2</td><td><Span style='color:#222222'>=B2-A2</Span></td></tr><tr><td>D2</td><td><Span style='color:#222222'>=</Span><Span style='color:#0000DD'>(B6/24)</Span><Span style='color:#222222'>-</Span><Span style='color:#0000DD'>(A2-INT</Span><Span style='color:#222222'>(A2)</Span><Span style='color:#0000DD'>)</Span><Span style='color:#222222'>+</Span><Span style='color:#0000DD'>(ROUNDDOWN</Span><Span style='color:#222222'>(B2,0)</Span><Span style='color:#0000DD'>-ROUNDUP</Span><Span style='color:#222222'>(A2,0)</Span><Span style='color:#0000DD'>)</Span><Span style='color:#222222'>*D6+</Span><Span style='color:#0000DD'>(B2-INT</Span><Span style='color:#222222'>(B2)</Span><Span style='color:#0000DD'>)</Span><Span style='color:#222222'>-8/24</Span></td></tr><tr><td>E2</td><td><Span style='color:#222222'>=D2</Span></td></tr><tr><td>C6</td><td><Span style='color:#222222'>=B6-A6</Span></td></tr><tr><td>D6</td><td><Span style='color:#222222'>=C6/24</Span></td></tr></table>