Quarterly report pursuant to Section 13 or 15(d)

COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

v2.4.0.8
COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)
6 Months Ended
Oct. 31, 2013
Costs and Estimated Earnings On Uncompleted Contracts  
Schedule of Costs and Estimated Earnings on Uncompleted Contracts
Costs and estimated earnings on uncompleted contracts consist of the following at October 31, 2013 and April 30, 2013:
 
 
 
October 31, 2013
 
April 30, 2013
 
 
 
 
 
 
 
 
 
Costs incurred on uncompleted contracts
 
$
50,890,087
 
$
72,951,142
 
Provision for loss on uncompleted contracts
 
 
(11,972)
 
 
(23,376)
 
Estimated contract profit
 
 
1,928,749
 
 
2,391,027
 
 
 
 
52,806,864
 
 
75,318,793
 
Less: Billings to date
 
 
53,655,822
 
 
75,858,733
 
Totals
 
$
(848,958)
 
$
(539,940)
 
 
 
 
 
 
 
 
 
Costs and estimated earnings in excess of billings on uncompleted contracts
 
$
1,149,409
 
$
1,079,367
 
Billings in excess of cost and estimated earnings on uncompleted contracts
 
 
1,998,367
 
 
1,619,307
 
Totals
 
$
(848,958)
 
$
(539,940)