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Costs and Estimated Earnings in Excess of Billings (Tables)

6 Months Ended

Mar. 31, 2022

Text Block [Abstract]

Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings on uncompleted contracts as of March 31, 2022 and September 30, 2021 consist of the following:

		March 31, 2022				September 30, 2021
Costs incurred on uncompleted contracts		$	19,501,000			$	11,483,000
Estimated earnings			5,875,000				4,395,000
			25,376,000				15,878,000
Billings to date			23,747,000				13,975,000
Costs and estimated earnings in excess of billings		$	1,629,000			$	1,903,000

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- Definition

Schedule of cost and estimated earnings in excess of billings on uncompleted contracts.

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