Hello,
I am having difficulty with a formula. My level of excel is pretty intermediate in the fact that I know how to perform basic functions/formulas, but this is over my head a little. So help is greatly appreciated!
I have two worksheets. One is a reference table, and the other is where I need to perform a calculation based on the lookup values returned in the reference table.
This is the reference table:
And this is the Values table, where I will need to work out the CommissionRate.
The Commission Rate (CR) is calculated by adding Cost+Rate. However, I need to be able to work out based upon the Make of the car and Manufacturing code, which rate to apply. The rate to apply varies seeing as there are different costs/rates for different manufacturing codes within each continent.
For example, for 'Ford', 'US', We know 'Ford' is made in N.America from the Reference table. Based on this, we can check country code US, and apply the Cost+Rate of 3+4. Therefore my commission rate would be 7.
I have code like this: =IF(VLOOKUP(A2, Reference!$F$2:$I$13,1,FALSE), MATCH(B2, Reference!$C$17:$C$43,0)) to try and lookup values, but as I said I am relatively beginner/intermediate and I don't know where to take this. My formula does pretty much nothing seeing as I need to have variants of SUMIF, IFERROR functions etc...
I am looking to learn more about Vlookups, Hlookups, Index and Match functions. But I am really stuck.
Thanks!
FD
I am having difficulty with a formula. My level of excel is pretty intermediate in the fact that I know how to perform basic functions/formulas, but this is over my head a little. So help is greatly appreciated!
I have two worksheets. One is a reference table, and the other is where I need to perform a calculation based on the lookup values returned in the reference table.
This is the reference table:
And this is the Values table, where I will need to work out the CommissionRate.
The Commission Rate (CR) is calculated by adding Cost+Rate. However, I need to be able to work out based upon the Make of the car and Manufacturing code, which rate to apply. The rate to apply varies seeing as there are different costs/rates for different manufacturing codes within each continent.
For example, for 'Ford', 'US', We know 'Ford' is made in N.America from the Reference table. Based on this, we can check country code US, and apply the Cost+Rate of 3+4. Therefore my commission rate would be 7.
I have code like this: =IF(VLOOKUP(A2, Reference!$F$2:$I$13,1,FALSE), MATCH(B2, Reference!$C$17:$C$43,0)) to try and lookup values, but as I said I am relatively beginner/intermediate and I don't know where to take this. My formula does pretty much nothing seeing as I need to have variants of SUMIF, IFERROR functions etc...
I am looking to learn more about Vlookups, Hlookups, Index and Match functions. But I am really stuck.
Thanks!
FD