• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

My Online Training Hub

Learn Dashboards, Excel, Power BI, Power Query, Power Pivot

  • Courses
  • Pricing
    • Free Courses
    • Power BI Course
    • Excel Power Query Course
    • Power Pivot and DAX Course
    • Excel Dashboard Course
    • Excel PivotTable Course – Quick Start
    • Advanced Excel Formulas Course
    • Excel Expert Advanced Excel Training
    • Excel Tables Course
    • Excel, Word, Outlook
    • Financial Modelling Course
    • Excel PivotTable Course
    • Excel for Customer Service Professionals
    • Excel for Operations Management Course
    • Excel for Decision Making Under Uncertainty Course
    • Excel for Finance Course
    • Excel Analysis ToolPak Course
    • Multi-User Pricing
  • Resources
    • Free Downloads
    • Excel Functions Explained
    • Excel Formulas
    • Excel Add-ins
    • IF Function
      • Excel IF Statement Explained
      • Excel IF AND OR Functions
      • IF Formula Builder
    • Time & Dates in Excel
      • Excel Date & Time
      • Calculating Time in Excel
      • Excel Time Calculation Tricks
      • Excel Date and Time Formatting
    • Excel Keyboard Shortcuts
    • Excel Custom Number Format Guide
    • Pivot Tables Guide
    • VLOOKUP Guide
    • ALT Codes
    • Excel VBA & Macros
    • Excel User Forms
    • VBA String Functions
  • Members
    • Login
  • Blog
  • Excel Webinars
  • Excel Forum
    • Register as Forum Member
  • Login

Excel Formula for compensation|General Excel Questions & Answers|Excel Forum|My Online Training Hub

You are here: Home / Excel Formula for compensation|General Excel Questions & Answers|Excel Forum|My Online Training Hub
Avatar
sp_LogInOut Log In sp_Registration Register
sp_Search Search
Advanced Search|Last Search Results
Search
Forum Scope




Match



Forum Options



Minimum search word length is 3 characters - maximum search word length is 84 characters
sp_Search Search
sp_RankInfo
Lost password?
sp_CrumbsHome HomeExcel ForumGeneral Excel Questions & Answe…Excel Formula for compensation
sp_PrintTopic sp_TopicIcon
Excel Formula for compensation
Avatar
syrine Saada

New Member
Members
Level 0
Forum Posts: 2
Member Since:
February 11, 2023
sp_UserOfflineSmall Offline
1
February 12, 2023 - 12:16 am
sp_Permalink sp_Print sp_EditHistory

Hi! Can you please help me figure out how to calculate compensation using the below formula in excel: $25k per lemon fixed fee plus:

For 77 % of lemon sold goals = $3.5 per lemon price + 30% of net acquisition gain. Net acquisition fee is the difference between lemon revenue and marketing costs.

Metrics are:

77Attachment.jpgImage Enlarger

% of lemon sold goal

Lemon sold is 400.

Revenue is 1,000,000

Cost of goods sold is 500,000

lemon costs 200,000

marketing costs 300,000

sp_PlupAttachments Attachments
  • sp_PlupImage Attachment.jpg (13 KB)
Avatar
Anders Sehlstedt
Eskilstuna, Sweden

VIP
Members


Trusted Members
Level 3
Forum Posts: 880
Member Since:
December 7, 2016
sp_UserOfflineSmall Offline
2
February 12, 2023 - 11:48 pm
sp_Permalink sp_Print

Hello,

Please upload a sample file with your data.

The numbers in your picture says one thing, what you write another.
If the sell price for 1 lemon is 25,000 and you sold 400, then the revenue should be 10,000,000 and not 1,000,000. And in your picture you state the revenue to be 200,000. It is quite mixed up as I see it.

Also, as I understand it, when calculating net income gain you would calculate revenue - all costs, in your example you only want to subtract the marketing costs, the purchase costs is not included, how come?

But with a sample file perhaps those question marks I have is answered, so please upload an excel file with some mockup data.

Br,
Anders

sp_Feed
Go to top
Forum Timezone: Australia/Brisbane
Most Users Ever Online: 245
Currently Online: Philip Treacy, Edson Lima, Peter Venkatrao, Ted Eggleston, Ronald White
Guest(s) 10
Currently Browsing this Page:
1 Guest(s)
Top Posters:
SunnyKow: 1432
Anders Sehlstedt: 880
Purfleet: 414
Frans Visser: 346
David_Ng: 306
lea cohen: 237
Jessica Stewart: 219
A.Maurizio: 213
Aye Mu: 201
Hans Hallebeek: 185
Newest Members:
thong nguyen
Appiagyei Kofi Frimpong
Hilary Burchfield
Richie Wright
Adel Kock
Barbara Murray
Doug Milne
Siobhan Stringer
Rob Rooth
Tom Lewis
Forum Stats:
Groups: 3
Forums: 24
Topics: 6542
Posts: 28644

 

Member Stats:
Guest Posters: 49
Members: 32830
Moderators: 2
Admins: 4
Administrators: Mynda Treacy, Philip Treacy, Catalin Bombea, FT
Moderators: Velouria, Riny van Eekelen
© Simple:Press —sp_Information

Sidebar

Blog Categories

  • Excel
  • Excel Charts
  • Excel Dashboard
  • Excel Formulas
  • Excel Office Scripts
  • Excel PivotTables
  • Excel Shortcuts
  • Excel VBA
  • General Tips
  • Online Training
  • Outlook
  • Power Apps
  • Power Automate
  • Power BI
  • Power Pivot
  • Power Query
microsoft mvp logo
trustpilot excellent rating
Secured by Sucuri Badge
MyOnlineTrainingHub on YouTube Mynda Treacy on Linked In Mynda Treacy on Instagram Mynda Treacy on Twitter Mynda Treacy on Pinterest MyOnlineTrainingHub on Facebook

Sign up to our newsletter and join over 400,000
others who learn Excel and Power BI with us.

 

Company

  • About My Online Training Hub
  • Disclosure Statement
  • Frequently Asked Questions
  • Guarantee
  • Privacy Policy
  • Terms & Conditions
  • Testimonials
  • Become an Affiliate
  • Sponsor Our Newsletter

Support

  • Contact
  • Forum
  • Helpdesk - For Technical Issues

Copyright © 2023 · My Online Training Hub · All Rights Reserved. Microsoft and the Microsoft Office logo are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries. Product names, logos, brands, and other trademarks featured or referred to within this website are the property of their respective trademark holders.