Multiple Choice O variable expenses and common fixed expenses. variable expenses. O O traceable fixed expenses. variable expenses and traceable fixed expenses. Which of the following statements is true about a product-level activity? Multiple Choice Its cost will decrease as the number of products produced increases. Its costs are often used in traditional absorption costing systems to allocate product.level costs Itsy cost will increase as the number of products produced increases. Its cost is unaffected by the number of units produced. Which of the following statements is true? Multiple Choice Product-level activities are completed regardless of the number of units or batches. ABC may include some selling and administrative costs in the overhead None of these statements are true All of these statements are true O ABC excludes organization-sustaining costs