If you're using XL2007 as implied you should be using COUNTIFS & SUMIFS rather than SUMPRODUCT (unless backward compatibility is required) as they are significantly more efficient.
Your above SUMPRODUCT would be re-written as:
In terms of subsequent calculations:
both assume Accepted in B range remains a requirement - remove if not.
Alternative to all of the above: use a Pivot Table
On a final note - better to post files than images - they need not be your "real" files (confidential) just a file that reflects your set up etc...
Bookmarks