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Costs and Estimated Earnings in Excess of Billings (Tables)

3 Months Ended

Dec. 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 December 31, 2022 and September 30, 2022 consist of the following:

		December 31, 2022				September 30, 2022
Costs incurred on uncompleted contracts		$	17,613,000			$	12,660,000
Estimated earnings			7,155,000				4,780,000
			24,768,000				17,440,000
Billings to date			19,818,000				15,322,000
Costs and estimated earnings in excess of billings		$	4,950,000			$	2,118,000

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- Definition

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

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