Evaluate the following statements:

ABC is particularly useful when overhead costs are an insignificant portion of total costs.

Any activity that increases the cost of producing a product is a valueadded activity.

Rework costs are a cost of quality related to internal failure.

Only Statements #$2$ and #$3$ are true

Only Statements #$1$ and #$2$ are true

All of the Statements are false

Only Statement #$1$ is true

Only Statements #$1$ and #$3$ are true

Only Statement #$3$ is true

All of the Statements are true

Only Statement #$2$ is true