Assess the financial viability of Ford's investment in electric vehicle technology using standard costing.

Cost Components	Fixed Costs ($) per Year	Variable Costs per Vehicle ($)	Vehicle Production Volume (vehicles per year)
Electric Vehicle Technology	150,000,000	20,000	100,000

Requirements:

Calculate the total annual cost using standard costing principles.

Determine the cost per electric vehicle under standard costing.

Conduct a break-even analysis for electric vehicle production.

Recommend strategies to optimize production costs.