Got it partially figured out. First part I had to covert it into minutes from the Time to Consume column.

By using =MINUTES(Table1[Time to Consume (actual)])

Which gave me this

If I can get help on the last bit I'm set so it's reading correctly. Basically anything less than 10 should read less than 10 minutes, if its greater than 10 and less than 60 than return between 10 and 60 minutes in the results column and finally anything
greater than 60 have it output 60 minutes or more.

=IF(Table1[Time in Minutes]>10,"Less Than 10", IF([Time in Minutes]<40, "Greater than 40", IF([Time in Minutes]>60, "Greater than 60")))