Which of the following statements is true? 1. Unit-level activities are performed each time a new departmental unit suc as a regional sales office is created. 2. A plantwide predetermined overhead rate based on direct labor-hour results in low overhead costs for products with a high direct labor-hou content and high overhead costs for products with a low direct labor-hou content. 3. In general, activities and costs on different levels in the cost hierarchy-such as unit-level and batch-level costs and activities--should be combined in an activity-based costing system if doing so simplifies the costing system.

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.