A Cost Analysis Report is a document that provides a comprehensive breakdown of all costs associated with a particular business activity. It outlines the expenses incurred, including labour, materials, and overhead costs, as well as any revenue generated from the activity. By analyzing these costs and revenues, businesses can gain better insights into their operations and make more informed decisions about future investments and strategies. The report also helps to identify areas where costs can be reduced or optimized in order to boost profitability over time.