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To calculate the sum of the products of corresponding numbers in one or more ranges, use Excel's powerful SUMPRODUCT function. 1. For example, the SUMPRODUCT function below calculates the total amount spent. Note: the SUMPRODUCT function performs this calculation: (2 * 1000) + (4 * 250) + (4 * 100) + (2 * 50) = 3500. 2. The ranges must have the same dimensions or Excel will display the #VALUE! error.
In case, your preferred way is to list the criteria in some cells rather that specify them directly in the formula, you can use SUMIF in conjunction with the SUMPRODUCT function that multiplies components in the given arrays, and returns the sum of those products.