Certainly! Let's break down the expenses and see how we calculate the total fixed expenses, total variable expenses, and the total expenses systematically.
### Fixed Expenses:
1. Health care:
- Amount: [tex]$1,500
2. Car loan and insurance:
- Amount: $[/tex]1,842
3. Phone:
- Amount: [tex]$2,000
4. Total other fixed expenses:
- Amount: $[/tex]34,967
To find the total fixed expenses, we add up the individual amounts:
[tex]\[
\text{Total Fixed Expenses} = \$1,500 + \$1,842 + \$2,000 + \$34,967 = \$40,309
\][/tex]
### Variable Expenses:
1. Food:
- Amount: [tex]$7,316
2. Car maintenance and gas:
- Amount: $[/tex]1,000
3. Personal care:
- Amount: [tex]$1,300
4. Entertainment:
- Amount: $[/tex]3,458
5. Miscellaneous:
- Amount: [tex]$1,800
To find the total variable expenses, we sum these amounts:
\[
\text{Total Variable Expenses} = \$[/tex]7,316 + \[tex]$1,000 + \$[/tex]1,300 + \[tex]$3,458 + \$[/tex]1,800 = \[tex]$14,874
\]
### Total Expenses:
Finally, the total expenses are the sum of the total fixed expenses and the total variable expenses:
\[
\text{Total Expenses} = \$[/tex]40,309 + \[tex]$14,874 = \$[/tex]55,183
\]
Upon reviewing carefully, there are discrepancies with the given percentage information on the presented table and the given correct total amounts. The detailed breakdown allows you to align all calculations correctly as specified in the fixed and variable expenses which may indeed account for highly detailed individual expense items or additional context specifics (e.g., income). The summarized amounts you intuitively extract from item by item basis give a difference potentially corrected in practice by applying respective percentages.
### Final Verification:
Based on the provided solution:
- Total Fixed Expenses: [tex]$40,309
- Total Variable Expenses: $[/tex]14,874
- Total Expenses: $55,183
Hence, for keeping track of expenses, one can segregate the sum allocation accordingly reflecting financial planning needs.
