Excel multiplies the items in the first array (cost price) by the corresponding items in the second array (units sold) and then sums the results to give you the total. It is immediately clear what the ...
Learn how to calculate payback and discounted payback in Excel with formulas, SCAN, XMATCH, LET, and SWITCH, plus ...
=LET (Spend,SUMIF (T_Budget [Category],E2,T_Budget [Cost]),IFS (Spend>F2,"Over budget",Spend=F2,"Budget hit",Spend> (F2*0.9), ...