Which accounting assumption assumes that all accounting information is reported monthly or yearly? By definition the time period assumption presumes that the life of a company can be divided into time periods, such as months and years, and that useful reports can be prepareâ¦d for those periods. Answer is Time period assumption. 1 person found this useful.
Average new home construction costs are approximately $100 per square foot. State averages range from $75 to $130 dollars. These figures are somewhat deceptive though, as are all averages. Obviously as with all averages, some cost a lot more and some cost a lot less.
In the US, the average cost to build a come is $100 a square foot. This figure goes up and down depending on the specific location of the home. Building a home with high quality cabinets, flooring, countertops, etc. can add to the construction cost. I do not recommend using an estimate of more than $130 a square foot.