Inventories

6 Months Ended

Jan. 31, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	January 31, 2023		July 31, 2022
Finished goods – RV	$	221,577	$	236,311
Finished goods – other	119,308		126,570
Work in process	347,744		397,495
Raw materials	705,853		838,474
Chassis	620,917		293,375
Subtotal	2,015,399		1,892,225
Excess of FIFO costs over LIFO costs	(150,752)		(137,452)
Total inventories, net	$	1,864,647	$	1,754,773

Of the $2,015,399 and $1,892,225 of inventories at January 31, 2023 and July 31, 2022, $1,258,273 and $1,170,554, respectively, were valued on the first-in, first-out (“FIFO”) method, and $757,126 and $721,671, respectively, were valued on the last-in, first-out (“LIFO”) method.