Excel | Conditional formulae exercise | Bob the Builder Charge - IF function

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Software ==> Excel  (151 exercises)
Version ==> Excel 2010 and later
Topic ==> Conditional formulae  (17 exercises)
Level ==> Average difficulty
Courses ==> Excel Business Modelling  /  Excel Intermediate
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Create an If function to calculate the total for each labour item in the charge sheet based on the following criteria:

  • If the rate is Standard the row total is equal to Hours multiplied by the standard rate
  • Otherwise the row total is equal to Hours multiplied by the overtime rate

Copy the formula down and make sure that it works.

Excel 2010 exercise - IF and LOOKUP functions (image 1)

Range names make this exercise much easier

Save the file with the same name and close it down.

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