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.
New construction for a 2000 square foot home with a simple design â average cost is $80 per square foot which equals $160,000 excluding land cost. A 2,200 square foot home with more pitch in the roof and a 3 car garage with stone facing is $90 per square foot or $198,000 excluding the cost of land.