Identify the following as true or false: Financial accounting reports are not released to external users. [ Select ] Managerial accounting reports are not used by employees inside the organization. [ Select ] Managerial accounting reports include only monetary information. [ Select ] Financial accounting reports are monetary in nature. [ Select ] If a result of a company's operations is nonmonetary in nature, it must be converted to monetary units for managerial reporting. [ Select ] Tax authorities and government regulatory agencies are external users of financial information. [ Select ] Flag question: Question 4 Question 42 pts Roper Furniture manufactures office furniture and tracks cost data across their process. The following are some of the costs that they incur. Classify these costs as fixed or variable costs, and as product costs or period costs. Wood used to produce desks ($125.00 per desk) [ Select ] Manufacturing labor used to produce desks ($15 per hour) [ Select ] Manufacturing supervisor salary ($45,000 per year) [ Select ] Depreciation on factory equipment ($60,000 per year) [ Select ] Rent on corporate office ($44,000 per year) [ Select ] Nails, glue, and other materials required to produce desks (varies per desk)