McKavendish
New Member
- Joined
- Apr 12, 2015
- Messages
- 5
I'm new to this forum. Thank you for the opportunity to post my question.
I need to calculate a royalty owed. I have to multiply a per user rate times the number of users. The per user rate is based on 2 variables 1) whether there are a.<1000, b.<1000 <2000, or c. >2000 users and 2) what type of product is being used. How do I write a formula so Excel will look at 1) No. of users column and 2) type of product column and look up the rules to know what per user rate to use? I need to do the same thing for the flat % rate and then pay out the higher amount. I'm sure once I can do it for the per user rate I can calculate the rest.
I've left out the column with the actual # of users to reduce the size of this example.
Thank you!
Data
Type of
Customer No. Users Product Sales Amount Per User Rate
A Co. <1000 Perpetual $2,000
B Co. >2000 Maintenance $4,000
C Co. 1000< <2000 Perpetual $6,000
Rules Per user rates
<1000 1000< <2000 >2000
Perpetual $1.50 $1.25 $1.00
Maintenance $2.25 $2.00 $1.75
I need to calculate a royalty owed. I have to multiply a per user rate times the number of users. The per user rate is based on 2 variables 1) whether there are a.<1000, b.<1000 <2000, or c. >2000 users and 2) what type of product is being used. How do I write a formula so Excel will look at 1) No. of users column and 2) type of product column and look up the rules to know what per user rate to use? I need to do the same thing for the flat % rate and then pay out the higher amount. I'm sure once I can do it for the per user rate I can calculate the rest.
I've left out the column with the actual # of users to reduce the size of this example.
Thank you!
Data
Type of
Customer No. Users Product Sales Amount Per User Rate
A Co. <1000 Perpetual $2,000
B Co. >2000 Maintenance $4,000
C Co. 1000< <2000 Perpetual $6,000
Rules Per user rates
<1000 1000< <2000 >2000
Perpetual $1.50 $1.25 $1.00
Maintenance $2.25 $2.00 $1.75
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