Implement an ABC system at General Motors to allocate costs across vehicle models.

Cost Drivers	Allocation Basis	Annual Cost Allocation ($)
Assembly Hours	Number of hours	80,000,000
Inspection Hours	Number of hours	50,000,000
Material Usage	Amount of materials	70,000,000

Requirements:

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

Allocate costs to vehicle models like SUVs, sedans, and trucks based on production complexity.

Analyze profitability using ABC allocations and suggest optimization strategies.

Prepare a report showing cost allocations and profitability analysis.