Project 1: Profit statement report Identification and calculation of different costs Before starting this activity, you need to go through the case scenario for better understanding of the situation. From the case scenario, you need to identify the costs which are associated with the business and list them down in the template given below. Once the costs are identified and listed, you need to calculate the hourly charge-out rate and unit price for the company and employees. You also need to calculate the break-even point. In the report, you also need to list down the strategies that can be applied for pricing the products once the costs mentioned above are calculated. You need to complete the given template to complete this activity. You need to use MS Excel software to calculate the required information. Template 1: Report on costs and Its calculation Reports on Identification and calculation of different costs Costs associated with business