Formula to calculate hours, and pay

G

Guest

I enter an employee's start time in cell C1 as 11:00. I have the cell
formatted to return 11:00 AM. I enter his stop time in cell D1 as 16:00, and
the cell returns 4:00 PM. Cell E1 calculates D1-C1, and gives me 5:00 because
I have it formatted [h]:mm for elapsed time. Now I enter the hourly rate
($10.00) in cell F1, formatted for currency. I want cell G1 to tell me I owe
the employee $50.00 (5 hours at $10.00/hour).

What formula do I need for cell G1? Or do I need to change the formatting on
some of my other cells?

Thanks for your help. Somebody always seems to have the answer on here!
 
T

Trevor Shuttleworth

Jim

G1 = E1*F1*24 formatted as general or currency

1 hour = 1 24th of a day, hence the reason for multiplying by 24


Regards

Trevor
 

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