Business
Business, 29.05.2021 04:30, tasiaandrews123

Prepare a payroll earning statement for the sales force at the Bloomington Skating Company. Company currently has 5 employees only and they were all hired between 1991 and 2020. All employees work on straight commission basis of 12.5% of the sales. Each month they also receive a bonus which varies depending upon the profit of the month and their length of service. The sales manager calculates the bonus separately and enters it with the salespersonâs total sales for the month. Your program is also to 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 to test the program.

Salesperson Sales Bonus
1 53,500 425
2 41,300 300
3 56,800 350
4 36,200 175

answer
Answers: 1

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Prepare a payroll earning statement for the sales force at the Bloomington Skating Company. Company...

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