Implement an ABC system at Boeing to allocate costs across different aircraft models.

Cost Drivers	Allocation Basis	Annual Cost Allocation ($)
Assembly Hours	Number of hours	150,000,000
Inspection Hours	Number of hours	70,000,000
Material Usage	Amount of materials	100,000,000

Requirements:

Identify cost drivers such as assembly hours, inspection hours, and material usage.

Allocate costs to aircraft models like commercial jets, military aircraft, and cargo planes based on production complexity.

Analyze profitability using ABC allocations and suggest optimization strategies.

Prepare a report showing cost allocations and profitability analysis.