Good morning, this may have been asked but I will proceed anyway.
I have a spreadsheet that we use to calculate costs of material that include the following.
Material cost + handling + freight = total cost.
Material cost is variable depending on vendor and manually inputted.
Handling is static
Freight is somewhat variable depending on vendor, some charge a percentage of material cost, some do not charge freight, some charge a flat rate based on how much is ordered, i.e. 5,000 pounds @ $.01 per pound.
The boss wants to create a drop down list based on vendor to calculate total cost which would include the freight.
I created a drop down list that will show the vendor, in the next cell it will populate the freight based on the vendor (created a vlookup).
The problem is, when a vendor is selected whos freight is based on a percentage of cost......not sure how to complete that formula.
I have a spreadsheet that we use to calculate costs of material that include the following.
Material cost + handling + freight = total cost.
Material cost is variable depending on vendor and manually inputted.
Handling is static
Freight is somewhat variable depending on vendor, some charge a percentage of material cost, some do not charge freight, some charge a flat rate based on how much is ordered, i.e. 5,000 pounds @ $.01 per pound.
The boss wants to create a drop down list based on vendor to calculate total cost which would include the freight.
I created a drop down list that will show the vendor, in the next cell it will populate the freight based on the vendor (created a vlookup).
The problem is, when a vendor is selected whos freight is based on a percentage of cost......not sure how to complete that formula.