Question 1 2 points Saved Which of the following statements is true? 1. Unit-level activities are performed each time a new departmental unit such as a regional sales office is created. 2. A plantwide predetermined overhead rate based on direct labor-hours results in low overhead costs for products with a high direct labor-hour content and high overhead costs for products with a low direct labor-hour content. 3. In general, activities and costs on different levels in the cost hierarchysuch as unit-level and batch-level costs and activities--should be combined in an activity-based costing system if doing so simplifies the costing system. OOO. None of the statements are true. Statements I and Ill are true. Statements Il and Ill are true. All of the statements are true