Implement an ABC system at PepsiCo to allocate costs to different product lines.

Cost Drivers	Allocation Basis	Annual Cost Allocation ($)
Production Hours	Number of hours	90,000,000
Packaging Hours	Number of hours	60,000,000
Material Usage	Amount of materials	80,000,000

Requirements:

Identify cost drivers such as production hours, packaging hours, and material usage.

Allocate costs to product lines like beverages, snacks, and packaged foods based on production complexity.

Analyze profitability using ABC allocations and recommend optimization strategies.

Prepare a report showing cost allocations and profitability analysis.