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ACCOUNTS RECEIVABLE AND CONTRACT COSTS (Tables)
12 Months Ended
Sep. 30, 2013
ACCOUNTS RECEIVABLE AND CONTRACT COSTS  
Schedule of costs and estimated earnings (loss) on uncompleted contracts

 

 

 

September 30,

 

 

2013

 

 

2012

Costs incurred on uncompleted contracts

 

 

$

2,457,000

 

 

 

$

2,373,000

 

Estimated earnings (loss)

 

 

 

(251,000

)

 

 

 

(238,000

)

 

 

 

 

2,206,000

 

 

 

 

2,135,000

 

Less billings to date

 

 

 

1,629,000

 

 

 

 

2,331,000

 

 

 

 

$

577,000

 

 

 

$

(196,000

)

Schedule of costs and estimated earnings (loss) on uncompleted contracts included in the Consolidated Balance Sheets

 

 

 

September 30,

 

 

2013

 

 

2012

Costs and estimated earnings in excess of billings on uncompleted contracts (included in other current assets)

 

 

$

1,011,000

 

 

 

$

321,000

 

 

 

 

 

 

 

 

 

 

 

 

Billings in excess of costs and estimated earnings on uncompleted contracts (included in other current liabilities)

 

 

 

(434,000

)

 

 

 

(517,000

)

 

 

 

$

577,000

 

 

 

$

(196,000

)