Which Statement About a Well-Maintained Yard Best Conveys the General

question 129

Multiple Choice

Which statement about a well-maintained yard best conveys the general nature of externalities

• A)A maintained yard conveys a positive externality because it increases the home's market value.
• B)A maintained yard conveys a negative externality because it increases the property tax liability of the owner.
• C)A maintained yard conveys a negative externality because it makes other property owners in the neighbourhood feel like their homes are less valuable.
• D)A maintained yard conveys a positive externality because it increases the value of adjacent properties in the neighbourhood.

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Definitions:

Machine-Hours

A measure of production time, used as a basis for allocating manufacturing overhead costs based on the number of hours machines are operated.

Job M598

A specific production or project task within a job order costing system, identified by the code M598 for tracking its associated costs and progress.

Unit Product Cost

The total cost to produce one unit of product, including materials, labor, and overhead.

Predetermined Overhead Rate

A rate used to apply manufacturing overhead to products or job orders, calculated prior to the start of the accounting period based on estimated costs and activity levels.