Question

Read Chapter 2 in your text before attempting this project. An employee is paid at a rate of $16.78 per hour for the first 40 hours worked in a week. Any hours over that are paid at the overtime rate of one-and-one-half times that. From the worker's gross pay, 6% is withheld for Social Security tax, 14% is withheld for federal income tax, 5% is withheld for state income tax and $10 per week is withheld for union dues. If the worker has three or more dependents, then an additional $35 is withheld to cover the extra cost of health insurance beyond what the employer pays. Write a program that will read in the number of hours worked in a week and the number of dependents as input and will then output the worker's gross pay, each withholding amount, and the net take-home pay for the week.

Answer 1

Answer:

Answered below

Explanation:

#Answer is written in Python programming language

hrs = int(input("Enter hours worked for the week: "))

dep = int(input ("Enter number of dependants: "))

pay = 16.78

ovpay = pay * 1.5

if hrs <= 40:

wage = hrs * pay

else:

wage = hrs * ovpay

ss = wage * 0.06

fedtax = wage * 0.14

statetax = wage * 0.05

dues = 10

if dep >= 3:

ins = 35

net_pay = wage - ss - fedtax - statetax - dues - ins

print(wage)

print ( ss, fedtax, statetax, dues, ins)

print (net_pay)