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Costs And Estimated Earnings In Excess Of Billings

6 Months Ended

Mar. 31, 2012

Costs And Estimated Earnings In Excess Of Billings [Abstract]

Costs And Estimated Earnings In Excess Of Billings

Note 4 – Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings on uncompleted contracts as of March 31, 2012 and September 30, 2011 consist of the following:

		March 31, 2012				September 30, 2011
Costs incurred on uncompleted contracts		$	8,118,000			$	7,039,000
Estimated earnings			2,382,000				2,059,000
			10,500,000				9,098,000
Billings to date			10,121,000				4,648,000
Costs and estimated earnings in excess of billings		$	379,000			$	4,450,000

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