Which of the following statements are true?
1. A factory supervisor's salary would be classified as an indirect cost with respect to a unit of product.
2. A direct cost is a cost that can be easily traced to the particular cost object under consideration.
3. A cost can be direct or indirect. The classification can change if the cost object changes.
- Only statement 1 is true.
- Statements 1 and 2 are true.
- All of the statements are true.
- None of the statements are true.