Implement an Activity-Based Costing (ABC) system at McDonald's to allocate costs to different menu items.

Cost Drivers	Allocation Basis	Annual Cost Allocation ($)
Preparation Time	Number of hours	50,000,000
Serving Time	Number of hours	30,000,000
Ingredient Usage	Amount of materials	40,000,000

Requirements:

Identify cost drivers such as preparation time, serving time, and ingredient usage.

Allocate costs to menu categories like burgers, fries, and drinks based on production complexity.

Analyze profitability using ABC allocations and recommend optimization strategies.

Prepare a report showing cost allocations and profitability analysis.