How do I make an equation and then put it into a spreadsheet?
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How do I make an equation and then put it into a spreadsheet?
I'm trying, without any success, to work out an equation and then how to input it into a spreadsheet to show purchase costs.
I know the following:
Fixed fee = £28.
Price per Kilo = £2.
30kg creates 100 units.
How do I create a formula in a spreadsheet which will show the purchase costs based on the number units created including the fixed fee, ranging from 0 to 300?
e.g. 30*£2 = £60
£60 + £28 = £88
£88/100 = £0.88
60*£2= £120
£120 + £28 = £148
£148/200 = £0.74
I know the following:
Fixed fee = £28.
Price per Kilo = £2.
30kg creates 100 units.
How do I create a formula in a spreadsheet which will show the purchase costs based on the number units created including the fixed fee, ranging from 0 to 300?
e.g. 30*£2 = £60
£60 + £28 = £88
£88/100 = £0.88
60*£2= £120
£120 + £28 = £148
£148/200 = £0.74
Last edited by ScoobyWon't; 23 February 2012 at 06:39 PM.
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The formula is total cost =numunits/100*60+28 which simplifies to unitcost =0.6+28/numunits
So in excel put numunits in cell A1.
In cell A2 type =.6+28/A1
Then whatever value you type in A1 will give the unit cost in A2.
Just drag down if you want a range of values.
So in excel put numunits in cell A1.
In cell A2 type =.6+28/A1
Then whatever value you type in A1 will give the unit cost in A2.
Just drag down if you want a range of values.
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