Question

Acme Parts runs a small factory and employs workers who are paid one of three hourly rates depending on their shift: first shift, $17 per hour; second shift, $18.50 per hour; third shift, $22 per hour. Each factory worker might work any number of hours per week; any hours greater than 40 are paid at one and one-half times the usual rate. In addition, second- and third-shift workers can elect to participate in the retirement plan for which 3% of the worker’s gross pay is deducted from the paychecks.
Required:
Write a program that prompts the user for hours worked, shift, and, if the shift is 2 or 3, whether the worker elects the retirement (1 for yes, 2 for no). Display: Hours worked Shift Hourly pay rate Regular pay Overtime pay Total of regular and overtime pay Retirement deduction, if any Net pay.

Answer 1

Answer:

# Initialize the values

overtime_pay = 0

deduction = 0

# Ask the user to enter hours and shift

hours = int(input("Enter hours worked: "))

shift = int(input("Enter shift[1/2/3]: "))

# Check the shift. If it is 1, set the hourly rate as 17

# If the shift is either 2 or 3, ask for participation to retirement plan

# If shift is 2, set the hourly rate as 18.50

# If shift is 3, set the hourly rate as 2

if shift == 1:

   horly_pay_rate = 17

elif shift == 2 or shift == 3:

   retirement = int(input("Participate in the retirement plan? [1 for yes, 2 for no]: "))

   if shift == 2:

       horly_pay_rate = 18.50

       

   if shift == 3:

       horly_pay_rate = 22

# Check the hours. If it is smaller than or equal to 40, calculate only regular pay

# If hours is greater than 40, calculate regular and overtime pay

if hours <= 40:

   regular_pay = (hours * horly_pay_rate)

elif hours > 40:

   regular_pay = (40 * horly_pay_rate)

   overtime_pay = (hours - 40) * (horly_pay_rate * 1.5)        

#calculate total pay

total_pay = regular_pay + overtime_pay

# Check the retirement. If it is 1, calculate and apply deduction

if retirement == 1:

       deduction = total_pay * 0.03

       net_pay = total_pay - deduction

else:

   net_pay = total_pay

   

#print the results

print("Hours worked: " + str(hours))

print("Shift: " + str(shift))

print("Hourly pay rate: " + str(horly_pay_rate))

print("Regular pay: " + str(regular_pay))

print("Overtime pay: " + str(overtime_pay))

print("Total of regular and overtime pay: " + str(total_pay))

print("Retirement deduction: " + str(deduction))

print("Net pay: " + str(net_pay))

Explanation:

*See the comments in the code