Costs and Estimated Earnings in Excess of Billings

6 Months Ended

Mar. 31, 2013

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, 2013 and September 30, 2012 consist of the following:

	March 31, 2013		September 30, 2012
Costs incurred on uncompleted contracts	$	9,694,000	$	4,986,000
Estimated earnings		3,639,000		1,518,000
		13,333,000		6,504,000
Billings to date		9,764,000		3,056,000
Costs and estimated earnings in excess of billings	$	3,569,000	$	3,448,000