Question: Prepare a payroll earnings statement for the sales forceat the Arctic Ice Company. All of Artic's employees are on a straight commission of 12.5% of

Prepare a payroll earnings statement for the sales forceat the Arctic Ice Company. All of Artic's employees are on a straight commission of 12.5% of sales. Each month, they also receive a bonus that varies depending on the profit for the month and their length of service. The sales manager calculates the bonus separately and enters it with the salesperson's total sales for the month. Your program is to also calculate the withholding taxes and retirement for the month based on the following rates:

a. 25% Federal Withholding

b. 10% State Withholding

c. 8% Retirement plan

Use the test data below.

Salesperson 1 - Sales 53,500 Bonus 425

Salesperson 2 - Sales 41,300 Bonus 300

Salesperson 3 - Sales 56,800 Bonus 350

Salesperson 4 - Sales 36,200 Bonus 175

NOTE to CHEGG expert, this chapter is about using interfunction communication. It's easier to program this using one function but that's not what they're asking for.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!