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QUESTION: Our bonus structure is as follows:

tier 1: 1-10 units = $25 per unit

tier 2: 11-15 units = $100 per unit + tier 1 bonus

tier 3: 16-20 units = $125 per unit + tier 1 and 2 bonus

tier 4: 21-25 units = $150 per unit + tier 1, 2 and 3 bonus

tier 5: 26 and higher units = $200 per unit + tier 1, 2, 3 and 4 bonus

Can you please tell me how to input that into Excel so that I can just input my total units and figure the bonus?

Thank you!"

ANSWER: Neva,

so if I sell 10 units I get 25 * 10 = $250

if I sell 11 Units I get 100 * 11 = $1,100 + the Tier 1 bonus

if I sell 16 unit I get 125 * 16 = $2,000 + the tier 1 bonus + tier 2 Bonus

say the number of units will be entered in F5

A1: Tier 1 Bonus

A2: Tier 2 Bonus

A3: Tier 3 Bonus

A4: Tier 4 Bonus

=IF(F5>=26,F5*200+SUM(A1:A4),IF(F5>=21,F5*150+SUM(A1:A3),IF(F5>=16,F5*125+SUM(A1:A2),IF(F5>=11,F5*100+A1,IF(F5>=1,F5*25,0)))))

Should give the total bonus based onyour table and my understanding of it as expressed at the top.

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Regards,

Tom Ogilvy

---------- FOLLOW-UP ----------

QUESTION: Sorry, but not exactly!

if I sell 10 I get $250

if I sell 11 I get 250 from tier 1 and $100 from tier 2 for a total or $350.

That is why it's so complicated to come up with a formula!

Is it possible to make one based on this info?

Neva,

given you clarification on the rules, then the only assumption is that the number of items sold is in F5. Then this formula gave me the expected results/bonus

=IF(F5>=26,(F5-25)*200+2125,IF(F5>=21,(F5-20)*150+1375,IF(F5>=16,(F5-15)*125+750,IF(F5>=11,(F5-10)*100+250,IF(F5>=1,F5*25,0)))))

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Regards,

Tom Ogilvy

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