True/False Questions / if u can wz explanation

1. Managerial accounting is a branch of financial accounting and serves essentially the same purposes as financial accounting.

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

3. Manufacturing overhead is an indirect cost with respect to units of product.

4. Depreciation on office equipment would not be included in the cost of goods manufactured.

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

6. Variable costs per unit are affected by changes in activity.

7. The amount that a manufacturing company could earn by renting unused portions of its warehouse is an example of an opportunity cost.

8. To estimate what the profit will be at various levels of activity, a manager can simply take the number of units to be sold over the break-even point and multiply that number by the unit contribution margin.

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

10. An increase in the number of units sold will decrease a company's break-even point

11. The break-even point is the point where total contribution margin equals total variable expenses.

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