Sharepoint list calculated column value based on checkbox

I am trying to add a formula to a calculated column I created in my Sharepoint list.  If the user checks my checkbox column then the calculated value is based on another field * some numbers, if not then the value is just 0.  Here is my syntax:

IF([Material Delay],([Labor (Hours)]*66)*.50),0)

Keeps saying my syntax is wrong or it is not supported.  Not sure what I'm doing wrong.
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Rainer JeschorConnect With a Mentor Commented:
yes, there is an error in your formula - you are missing one opening "(" (or you have one closing ) to much).

Your formula should either be
=IF([Material Delay],(([Labor (Hours)]*66)*0.5),0)

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=IF([Material Delay],([Labor (Hours)]*66*0.5),0)

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IF Material Delay is checked, then take the number from Labour(hours) and multiply with 66 and multiply with 0.5 else its 0.
Or you can shorten it to x*66*0.5 == x*33

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