Question 14 1 1p Which of the following statements about direct and indirect costs are likely to be true? 1. A fixed cost will always be classified as an indirect cost 2. With the right allocation base, the assignment of indirect costs to a cost object will typically be more accurate than the assignment of direct costs to the same cost object 3. Each direct and indirect cost item should only have one cost driver Statement 1 only Statement 2 only Statement 2 and 3 only Statement 1.2d 3 O None of the statements are true