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Automotive manufacturing companies such as Ford and GM haves. Automotive manufacturing companies such as Ford and GM havesuccessfully implemented ABC over the past few decades, and achievedprofitability in a competitive environment despite the fact that productofferings have become increasingly diversified. Drawing from the modulecontent, your text, and supplied articles, review the criticalconsiderations in applying the activity-based costing method to a largeautomobile manufacturing company.Answer the following questions:What are the most prominent signs that ABC methods might beappropriately applied to product costing for an automobile manufacturingcompany?Should managers be concerned about broad averaging of product costs?What are the steps required to implement ABC within the company?Name the four classifications of the ABC cost hierarchy and discussan example of each type of cost classification for an auto manufacturer.Name a significant challenge in the implementation of ABC within the company. Rationalize your response.Name a significant opportunity in the implementation of ABC within the company. Rationalize your response.In a well-written paper formatted according to the APA requirements , answer the above questions.Your paper should meet the following requirements:2-3 pages in lengthInclude at least 2-3 outside sources. Automotive manufacturing companies such as Ford and GM haves
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