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Tiered Commission - Flat Rate

  1. #1
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    Tiered Commission - Flat Rate

    Hi all,

    After searching and searching, figured I'd try asking the question -

    I'm looking for a way to calculate flat commission (not percentage) based on tier levels. Here's an example:

    TIER 1: 1-4 Units Sold = $25 per unit
    TIER 2: 5-8 Units Sold = $42 per unit
    TIER 3: 9-15 Units Sold = $103 per unit
    TIER 4: 16+ Units Sold = $123 per unit

    I'm currently learning Excel, so I blame it solely on my lack of knowledge at the moment. The problem that I run into is that I need TIER 1 to STAY at $25 per unit, TIER 2 to STAY at $42 per unit, etc.
    example:
    4 units sold = $100
    5 units sold = $142 ..and so on
    Right now, my calculations cause 5 units to ALL jump to $42 making the result $210

    All my searches bring me around to percentage calculations and I have yet to find a formula that does what I need it to. I've worked in Nested IF and even tried SUMPRODUCT but haven't been able to return a successful calculation. Any help is appreciated as is your patience in a "newbie" like me.

    -RJ

  2. #2
    Forum Expert shg's Avatar
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    Re: Tiered Commission - Flat Rate

    Please Login or Register  to view this content.
    The formula in B8 and copied down is

    =SUMPRODUCT((A8>$A$3:$A$6)*(A8-$A$3:$A$6)*($B$3:$B$6-$B$2:$B$5))

    The blank in B2 is necessary.
    Last edited by shg; 09-20-2012 at 08:35 PM.
    Entia non sunt multiplicanda sine necessitate

  3. #3
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    Re: Tiered Commission - Flat Rate

    Thank you shg!! - and for getting back to me so quickly!

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