Write a payroll processing program. Input will be from a file called “weeklyData.txt”. You may create this file on your own for testing purposes, but I have provided a file with 75 employees that I will use to test your code. (I know what it should produce).
Each line in the file contains information about one employee. Each item is separated by a space. The items are, in order:
First Name
Last Name
Hourly wage rate (decimal)
Hours worked (decimal)
# of dependents (whole number)
For each employee listed in this file, read the above data and produce the following detail data:
Regular hours worked and overtime hours worked
Regular pay and overtime pay and gross pay
Insurance deduction and Income tax deduction
Net pay
Calculations:
Overtime hours are all hours over 40, the rest are regular hours
Regular pay is the regular hours times the wage rate
Overtime pay is 1.5 times the overtime hours times the wage rate
Insurance is determined by the number of dependents:
0 is $25.19
1 is $39.02
2 or more is $50.63
Income tax is calculated as follows.
The first $300 dollars is not taxed
The next $500 is taxed at 5% of gross
Everything over $800 is taxed at 8.5% of gross
Net pay is gross pay minus the two deductions (tax and insurance)
The detail output should be to a file called “payroll.txt” formatted nicely, and include the three input values as well as all calculated values. Separate each employee’s detail data in the file as you see fit.
Here are two lines of a sample input file
Kelvin Fowler 37.45 40.00 1
Shea Torres 31.19 49.75 4
and suggested output:
Pay stub for Fowler, Kelvin (Dependents: 1)
Hours: 40.00 (regular: 40.00 Overtime: 0.00)
Hourly Rate: $37.45
Gross pay: $1498.00 (Regular: $1498.00 Overtime: $0.00)
Deductions:
Insurance: $39.02
Taxes: $84.33
Total Deductions: $123.35
Net Pay: $1374.65
*************************
Pay stub for Torres, Shea (Dependents: 4)
Hours: 49.75 (regular: 40.00 Overtime: 9.75)
Hourly Rate: $31.19
Gross pay: $1703.75 (Regular: $1247.60 Overtime: $456.15)
Deductions:
Insurance: $50.63
Taxes: $101.82
Total Deductions: $152.45
Net Pay: $1551.30
*************************
Summary data should include the following (and should be printed at the end of the detail data in the output file, as well as to the screen.
# of employees
Total payroll (sum of all gross pay), and of that how much was overtime
Total hours worked, and of that how many were overtime hours
Total insurance premiums
Total taxes withheld
Sample summary from detail data above:
# of employees: 2
Total hours: 89.75 Overtime hours: 9.75
Total gross pay: $3201.75 Overtime pay: $456.15
Total insurance withheld: $89.65 Taxes withheld: $186.15