Its 2 parts but it has to be less than 25% originality in ‘turnitin’ website – need the website url links for each reference and need 6 references total.For the the power point presentation I need 2 full paragraphs for each slide in speaker notes.Unit 4 Individual ProjectYour team of employees and you are working on a big project for the hospital’s chief financial officer (CFO). Together, you will develop a system to justify the full-time employees of the laboratory department.Address the following:· Decide how many hours during the week the department must be staffed to fully operate. · Calculate, using one of the FTE formulas to justify, how many full-time employees are necessary. Assume that the full-time employees will work five 8-hour shifts. The minimum amount of employees per shift is: 1 pathologist, 2 laboratory technologists, and 1 front office person. · Provide details as to the services the laboratory offers and the revenue it can generate for the hospital to help the CFO put this information into perspective. · Provide a cost analysis of the day-to-day operation expenses of the department. · Analyze cost using the cost classifications of direct versus indirect and flexible/variable/semivariable.Combine the information into a PowerPoint slide presentation to present to the hospital CFO. Make the slides informational and also visually appealing. For more information on creating PowerPoint Presentations, please visit the PowerPoint Lab.Individual Portion:As an individual, you will need to contribute to your team in an effective manner. You will be graded on your individual contribution and also your group’s end product as well. For your individual portion, focus on the department your group has decided to address, and begin calculating the number of hours you feel the department needs to operate and how you would figure out how many full-time employees are necessary to achieve that level of operation. After doing so, start identifying costs that the department may incur as a result of normal operation and identify the revenue it is also capable of bring in. Write a brief summary of your findings to turn in to the instructor, and also be sure to share your information with your group. Remember that as a group, your overall objective is to combine everyone’s information into one presentation for evaluation.Please add your file.Group Portion:Once each group member has completed his or her own individual portion, share information and begin analyzing the information. Come together as a group to address the following questions listed in the project details:· Decide how many hours during the week the department must be staffed to fully operate. · Calculate, using one of the FTE formulas to justify, how many full-time employees are necessary. · Provide details as to the services this department offers and the revenue it can generate for the hospital. · Provide a cost analysis of the day-to-day operation expenses of the department. Analyze cost using the cost classifications of direct versus indirect and flexible/variable/semivariable.Remember that this is a collaborative effort in which every group member should have input into the final project. The project should be formatted as a PowerPoint presentation of 5–10 slides in length.