QUES TION 1 1. For the typical company, COGS includes indirect product costs True O False O Can't Tell QUESTION 2 2. Under US GAAP, depreciation of an administrative building is an example of a fixed product cost. True O False O Can't Tell QUESTION 3 3. Activity-based costing identifies the cost of activities and then allocates such costs to products, services, or customers based on their use of each activity. True O False O Can't Tel