How to Fix Error - Array Formulas - using 3 columns - 2 to match (type 0) and the third to match based on the nearest value less than. Is it possible??

Array Formulas - using 3 columns - 2 to match (type 0) and the third to match based on the nearest value less than. Is it possible?

I have an excel table which I've taken from MS Dynamics Nav.  The columns are:

Column A:  Item Code
Column B:  Cost Type
Column C:  Date
Column D:  Cost

I want to find, for a specific Item Code, and specific Cost type the value of the last cost in the table data

Logically I guess I want it to do is:

Select the Cost
where
Item Code = [item code that I've supplied in a cell] and
Cost Type = [Cost Type that I've supplied in a cell] and
and Date is the max value LESS than or equal to [Date that I've supplied in a cell]

Is this possible? 
I'm trying to avoid using pivot-tables on pivot-tables data in order to build up the data.  I can do it that way, and then use Index, but there must be a simpler way, and I can;t suss out how to do it with array formulae

Many thanks in advance

Mike

Keys to the Problem Array Formulas - using 3 columns - 2 to match (type 0) and the third to match based on the nearest value less than. Is it possible?

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Let's say your data are in A1:D65, with headers in row 1.
Enter the Item Code you're looking for in H1, the Cost Type in H2, and the date in H3.
The following array formula, confirmed with Ctrl+Shift+Enter, will return the maximum date from column C less than or equal to that in H3 for which the Item Code and Cost Type match those in H1 and H2:
 
=MAX(IF(($A$2:$A$65=H1)*($B$2:$B$65=H2)*($C$2:$C$65<=H3),$C$2:$C$65))
 
Let's say you place this array formula in H4.
You can then use the following (standard, non-array) formula to retrieve the cost:
 
=SUMIFS($D$2:$D$65,$A$2:$A$65,H1,$B$2:$B$65,H2,$C$2:$C$65,H4)
 
You could merge these into one array formula, but that would be more difficult to maintain.

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