The table presents a comparative analysis of the expenses incurred by a used bookstore in Scotland during the initial and final months of 2018.
Overall, it is evident that total expenditures rose considerably from January to December 2018, with significant variations across various categories.
In January 2018, the bookstore’s total expenses amounted to $4,758, which escalated to $6,571 by December, marking an increase of $1,813. Notably, the most substantial rise occurred in the Rent category, which surged from $3,222 in January to $4,909 in December. Additionally, Professional Fees and Marketing expenses also demonstrated significant growth, with the former increasing from $51 to $132 and the latter rising by $92 from $263 to $355. Maintenance costs saw a moderate increase from $10 to $42, while Other expenses grew from $444 to $599.
Conversely, certain expenditures experienced a decline during this period. Wages and Benefits decreased by $34, from $260 to $226, alongside Equipment costs, which fell by $10, from $53 to $43. Utilities showed a notable decrease, declining from $455 in January to $265 in December. These shifts highlight not only an overall rise in total expenses but also fluctuations in specific expense categories, indicating varying financial management strategies employed by the bookstore throughout the year.