The given table illustrates the expenditure of a used bookstore in Scotland in January and December of 2018.
Overall, it is obvious that rent remained by far the largest expenditure in both months , while maintenance consistently accounted for the lowest cost. In addition, expenses like professional fees experienced a steady growth, whereas wages & benefits had slowly fallen at the end of the year. Other charges faced changes over the period.
In January of 2018, the expense for rent was equal to $3222, outstripping all other payment categories and representing over two-thirds of the total budget. At the end of the year, it reached a high of $4909, maintaining its dominant position. Similarly, the lowest expenditure – maintenance, slowly rose from $10 to $42, but still remained the cheapest charge over the year.
In contrast, another expense such as wages & benefits experienced a drop from January to December. Wages and benefits started with a $260 charge at the beginning of the year, but declined to $226 by the end of the year. Conversely, expenses such as professional fees had an increase in charges. It slowly rose from $51 to $132 in December, doubling its initial value. Regarding the remaining categories, expenditures on marketing, utilities, equipment, and other items changed moderately, reaching $355, $265, $43, and $599 respectively by December.