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Costs And Estimated Earnings In Excess Of Billings
12 Months Ended
Sep. 30, 2011
Costs And Estimated Earnings In Excess Of Billings [Abstract]  
Costs And Estimated Earnings In Excess Of Billings

NOTE 3 - COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS

Costs and estimated earnings in excess of billings on uncompleted contracts consist of the following:

 

     September 30,  
     2011      2010  

Costs incurred on uncompleted contracts

   $ 7,039,000       $ 357,000   

Estimated earnings

     2,059,000         387,000   
  

 

 

    

 

 

 
     9,098,000         744,000   

Billings to date

     4,648,000         164,000   
  

 

 

    

 

 

 

Costs and estimated earnings in excess of billings

   $ 4,450,000       $ 580,000