Developing If Function Formula Assistance

AliUAE

New Member
Joined
May 7, 2013
Messages
8
After Greetings
Your assistance will be appreciated in developing sales incentives using Excel IF function formula where it will calculate and changes the price list rate based on total volumes of the products ordered during the month.
[TABLE="class: cms_table, width: 435"]
<tbody>[TR]
[TD="colspan: 2"]Volume Range[/TD]
[TD]Bonus/Penalty[/TD]
[TD][/TD]
[TD]Product[/TD]
[TD]Cost Price[/TD]
[TD]Volume[/TD]
[/TR]
[TR]
[TD]0[/TD]
[TD]349[/TD]
[TD]Rate * 2%[/TD]
[TD][/TD]
[TD]A[/TD]
[TD]$30.25[/TD]
[TD]300[/TD]
[/TR]
[TR]
[TD]350[/TD]
[TD]449[/TD]
[TD]Rate * 1%[/TD]
[TD][/TD]
[TD]B[/TD]
[TD]$249.89[/TD]
[TD]50[/TD]
[/TR]
[TR]
[TD]450[/TD]
[TD]549[/TD]
[TD]No Changes[/TD]
[TD][/TD]
[TD]C[/TD]
[TD]$125.00[/TD]
[TD]200[/TD]
[/TR]
[TR]
[TD]550[/TD]
[TD]649[/TD]
[TD]Rate * -1%[/TD]
[TD][/TD]
[TD="colspan: 2"]Total Volume[/TD]
[TD]550[/TD]
[/TR]
[TR]
[TD]650[/TD]
[TD]749[/TD]
[TD]Rate * -2%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]750[/TD]
[TD]1000[/TD]
[TD]Rate * -3%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1000+[/TD]
[TD][/TD]
[TD]Rate * -4%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]


Some Conditions Examples:
1- If the total monthly volume falls between 450-549, no sales incentive applied (no changes on the products rate).
2- If the total monthly volume falls between 350-449, 1% penalty will be added on the cost price.
3- If the total monthly volume falls between 550-649, 1% bonus will be reduced from the cost price.
4- If the total monthly sale volume exceeds 1000, 4% bonus will be reduced from the cost price.

Thanks in advance for getting all the assistances and comments.
Kind regards.
Ali
 

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Maybe something like this:
Excel Workbook
ABCDEFGH
1Volume Range*Bonus/Penalty*ProductCost PriceVolumeCost Change
203492%*A$30.2530029.95
33504491%*B$249.8950247.39
44505490*C$125.00200123.75
5550649-1%*Total Volume*550*
6650749-2%*****
77501000-3%*****
81001*-4%*****
Sheet
 
Upvote 0
Dear Ahoy
Appreciate your quick response and the efforts exhausted in developing the above formula, will try it and update you accordingly
Cheers
Ali
 
Upvote 0

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