April 27, 2013 | April 28, 2012 | ||||||
Costs incurred | $ | 393,287 | $ | 304,058 | |||
Estimated earnings | 146,378 | 114,687 | |||||
539,665 | 418,745 | ||||||
Less billings to date | 514,555 | 410,110 | |||||
$ | 25,110 | $ | 8,635 |
April 27, 2013 | April 28, 2012 | ||||||
Costs and estimated earnings in excess of billings | $ | 39,355 | $ | 23,020 | |||
Billings in excess of costs and estimated earnings | (14,245 | ) | (14,385 | ) | |||
$ | 25,110 | $ | 8,635 |