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.
We have collected data nationwide to help calculate the average cost of home additions in the US. The following are average costs and prices reported back to us: $115.93 per square foot for standard grade construction (Range: $89.57 - $142.28) $168.22 per square foot for premium grade construction (Range: $139.64 - $196.79)