Alright I figured it out. If you change the formatting of it to just do normal instead of hours, it will output a value like 1.16666.... That value is a integer representation of the day. So 1.66666...*24 hours in a day = total number of hours.
So for my example I'm trying to calculate the total amount of money I've made. 28:00 represents the hours I've worked. So say 28:00 is in cell H3 and say I make $20 an hour.
=H3*24*20
That formula will give me the total amount of money I've made so far. Hope that helps someone.