Time to dollars

G

Guest

I have a schedule that works really well to calculate how many total hours
per employee, but when I want to add a column that multiplies the total hours
by an rate per hour, the result isn't right--it comes out in the form of
time. If I have a cell that results in 32:00:00 total hours and have that
multiplied by say 7 dollars per hour the answer comes out as 224:00:00. I
need to use the result in other labor cost calculations, but it wont' work as
a time. Is there a way to make that into a number (e.g. 224 )? I need to be
able to divied the 224:00:00 result by a number equal to total revenue and
derive a percentage. Any ideas?

Thanks people.

Rudy
 
G

Guest

Thanks Jason, but that only converts the first answer of 224:00:00 to
9.3333333.

The schedule has times entered in and out 3:00pm to 11:00pm, then sums each
day up for a total of 32:00:00. I've made another cell do the multiplication
of 32:00:00 x 7 (the employee's hourly rate of pay) which gives a result of
224:00:00. Since all the results are in time, I can't divide to get a proper
ratio. Changing the results cells format to anything else won't give me
total time. I'm stuck in a catch 22.
 
P

Peo Sjoblom

No you are not stuck in catch 22

=cell_with_32:00*24*7

formatted as general returns 224 as expected

224:00:00 formatted as general returns 9.3333333
you need to multiply by 24 as well

--
Regards,

Peo Sjoblom

(No private emails please, for everyone's
benefit keep the discussion in the newsgroup/forum)
 
G

Guest

Thanks everybody......EVERYTHING WORKS!!!!! Now my managers who don't
understand where the "any key" is can turn in a shcedule without a bunch of
"VALUE" in the total fields. Thank you all very much.

Rudy
 

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