True/False: Please circle either Tor F. (6 questions @1 pt. = 6pts) TF 1. In activity-based costing, all manufacturing costs must be included in product costs. TF2. Batch-level activities are performed each time a unit is produced. TF 3. Activity-based costing is best proposed, designed and implemented by the accounting department without requiring the time of busy managers. TF 4. Direct labor costs are usually included in the costs that are allocated to activity cost pools in an activity-based costing system. TF 5. When a company shifts from a traditional cost system in which manufacturing overhead is applied based on direct labor-hours to an activity-based costing system with batch-level and product-level costs, the unit product costs of high volume products typically decrease whereas the unit product costs of low volume products typically increase. TF 6. In the second-stage allocation in activity-based costing, costs that were not allocated in the first stage are assigned to the company's most profitable products