Inventories

6 Months Ended

Jan. 31, 2022

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	January 31, 2022		July 31, 2021
Finished goods – RV	$	121,798	$	114,843
Finished goods – other	111,881		57,810
Work in process	412,536		376,594
Raw materials	770,650		602,106
Chassis	349,954		292,921
Subtotal	1,766,819		1,444,274
Excess of FIFO costs over LIFO costs	(87,740)		(74,890)
Total inventories, net	$	1,679,079	$	1,369,384

Of the $1,766,819 and $1,444,274 of inventories at January 31, 2022 and July 31, 2021, $1,053,259 and $946,767, respectively, were valued on the first-in, first-out (“FIFO”) method, and $713,560 and $497,507, respectively, were valued on the last-in, first-out (“LIFO”) method.