As a lead in a successful consulting firm, you are about to visit with a COO (chief operating officer) of a high profile electronics manufacturing firm. The COO has asked you to help fine-tune the recently installed ABC system. The controller set up the ABC system by allocating overhead on the basis of four drivers: direct labor dollars, machine hours, kilowatt hours, and number of units produced. The COO would like a critique of the current system, as well as any other potential benefits that could be achieved with an ABC system. FIRST, provide the COO a careful explanation of how ABC works. THEN, provide feedback on the existing ABC system. FINALLY, explain how ABC can help a company achieve their strategic goals