Excel/Excel function

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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.  

--
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?

Answer
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)))))

--
Regards,
Tom Ogilvy

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Tom Ogilvy

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Selected as an Excel MVP by Microsoft since 1999. Answering Excel questions in Allexperts since its inception in 2001. Able to answer questions on almost all aspects of Excel's internal capabilities. If seeking a VBA solution, please specify that in your question itself so I give you the answer you want. [Excel has weak protection - if you are distributing an application, I don't answer questions on how to protect your project from your users.]

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Master of Science (MS) degree Operations Research (ORSA)

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Microsoft MVP in Excel.

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