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.
Professional builders know the current cost to build a new home is $89 to $160 per sq ft, or more, depending on the homeâs size, design, quality, and location. These costs per square foot do not include the cost of land, financing costs, builderâs overhead and general expenses, marketing costs, sales commission, or profit.