Identify the following statements true or false and correct the false:

1. Rent on a factory building used in the production process would be classified as a product cost and as a fixed cost.

2 To facilitate decision-making, fixed expenses should be expressed on a per-unit basis.

3. If a company has low operating leverage, then profits will be very sensitive to changes in sales.

4. An increase in the variable cost per unit will decrease a company's break-even point

5. Managerial accounting places greater emphasis on the future than financial accounting, which is primarily concerned with the past.

6. in high production level, it is good for the cost structure that the variable cost percentage to be more than the fixed cost percentage.