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 Home Construction. Framing rates average between $10 and $20 per square foot for new residential construction, though your actual costs will be influenced by the size and style of the structure as well as the services that are included. Framing costs generally make up 15 to 20 percent of the home construction budget.