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.
The average home building cost per sq ft for a home is far more uniform than the finished cost per square foot. A shell does not include the foundation, landscaping, fixtures, cabinetry finishes or appliances. Sometimes it does not even include drywall. It usually doesnât include the plumbing or electrical wiring either, though sometimes rough plumbing and wiring are included. The average home building cost per sq ft for a shell is about $25 per square foot with a range of about $22 to $30 per square foot.