In the land development and home building industry, the cost of a parcel of land must be allocated to the various residential units and other facilities in a community.

Question

Quizplus · Accepted Answer

Yes, the cost of a parcel of land is typically allocated to the residential units and facilities within a community in order to determine the cost of each unit and ensure that the development is financially viable. This process is known as land cost allocation.

In the Land Development and Home Building Industry, the Cost