15.000 15000 IS000 8 2100 Excavation 10. The current contract amount for a project is $150,000. The estimated Cost at completion is $130,000. The actual costs to date are $47,000 and the total billed to the owner is $55,00O. Is the project over or under billed? By how much? L E H B D F G A Costs & Profits in Billings in Excess of Costs & Profits (-H) 1 Costs & Actual Costs Date 2 Total Estimated Cost at Amount Completion Earned Profit (ExF/D) (F+ G) Percent Current Contract Estimated Profit (C-D) Excess of Eaned 3 Complete (F x 100/D) Billings (H-I) Profit Total Billed 4 Job Job Name 5 7 9