Inventories

9 Months Ended

Apr. 30, 2022

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	April 30, 2022		July 31, 2021
Finished goods – RV	$	126,512	$	114,843
Finished goods – other	117,190		57,810
Work in process	435,404		376,594
Raw materials	862,983		602,106
Chassis	300,730		292,921
Subtotal	1,842,819		1,444,274
Excess of FIFO costs over LIFO costs	(108,740)		(74,890)
Total inventories, net	$	1,734,079	$	1,369,384

Of the $1,842,819 and $1,444,274 of inventories at April 30, 2022 and July 31, 2021, $1,185,092 and $946,767, respectively, were valued on the first-in, first-out (“FIFO”) method, and $657,727 and $497,507, respectively, were valued on the last-in, first-out (“LIFO”) method.