Inventories

3 Months Ended

Oct. 31, 2022

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	October 31, 2022		July 31, 2022
Finished goods – RV	$	282,444	$	236,311
Finished goods – other	131,145		126,570
Work in process	363,275		397,495
Raw materials	779,410		838,474
Chassis	439,550		293,375
Subtotal	1,995,824		1,892,225
Excess of FIFO costs over LIFO costs	(142,952)		(137,452)
Total inventories, net	$	1,852,872	$	1,754,773

Of the $1,995,824 and $1,892,225 of inventories at October 31, 2022 and July 31, 2022, $1,196,619 and $1,170,554, respectively, were valued on the first-in, first-out (“FIFO”) method, and $799,205 and $721,671, respectively, were valued on the last-in, first-out (“LIFO”) method.