WucsWUITI UI 40 The following statements have been made in relation to activity-based costing: (1) A cost driver is a factor which causes a change in the cost of an activity (2) Traditional absorption costing tends to under-estimate overhead costs for high volume products Which of the above statements is/are true? OA) 2 only OB) Both 1 and 2 C) Neither 1 nor 2 OD 1 only