In this phase of the payroll system, we are going to include the appropriate tax rate (variable)
Question:
In this phase of the payroll system, we are going to include the appropriate tax rate (variable) rather than a fixed tax rate of 10% (constant). The program will also compute the overtime pay.
4A) Assign different tax rates based on the following gross pay:
If gross pay is more $1000, the tax rate is 30%
If the gross pay is more than $800.00 and less than or equal to $1000.00, then the tax rate is 20%.
If the gross pay is more than $500.00 and less than $800.00, then the tax rate is 10%
If gross pay is more than or equal to 0 and less than or equal to 500 tax rate is 0.
The tax rate will also vary based on marital status. Add 5% to the tax rate of a single person and subtract 5% if head of household.
Declare marital status as a character: S=Single M=Married H=Head of Household Program should accept either upper case or lower case letters for marital status (e.g. accept M or m).
4B) Compute the overtime pay according to the following formula: Any hours over 40 are considered time and a half (overtime).
You may want to find overtime hours (e.g. hours worked - 40) and overtime pay (e.g. overtime hours*hourly rate * 1.5).
--- How should I go about these two problems?
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley