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Nested IF explain

Experts, how would I interpret this:
=K47*SUMIF(L49:$DL49,"<="&(K49+$E$51),L44:$DL44)
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Katie Pierce
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If a cell in the range of L49:DL49 is less than or equal to the sum of cells K49 and E51, then sum the corresponding cells in the range L44:DL44.

Example: if V49, AB49 and CN49 were the only cells less than or equal to (K49+E51), the formula would sum up V44, AB44 and CN44.
Oh, sorry, I broke the IF component out to work on it, but then forgot about the K47* portion.  The result of the above comment times cell K47 is the final result.
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Not 100% sure, but:

If cell L49 is less than or equal to the value of cell K49 plus the value of cell E51, then the value of cell L44 will be used in the SUM function.

This is repeated for each cell in in row 49 between columns L49 thru DL49, but E51 is ALWAYS added to the current column in row 49.

Once all of the cells in L49:DL49 is evaluated and when needed all the values in L44:DL44 are sum'ed the results are multiplied by the value in cell K47.
I guess that too me longer to type up than I thought.   Saw Katie Pierce post after I pressed submit.
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ASKER

So it's summing the corresponding cells in L44:DL44.
that are less than or equal to the corresponding cells in L49:$DL49?

Thank you
ASKER CERTIFIED SOLUTION
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Katie Pierce
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ASKER

sorry for my tardiness....I though I had assigned points.