Which of the following statements are true? 1. A factory supervisor's salary would be classified...
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Accounting
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 II. A direct cost is a cost that can be easily traced to the particular cost object under consideration. III. A cost can be direct or indirect. The classification can change if the cost object changes. None of the statements are true. Only statement I is true. Statements I and II are true. All of the statements are true
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