Inventories

9 Months Ended

Apr. 30, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	April 30, 2023		July 31, 2022
Finished goods – RV	$	198,464	$	236,311
Finished goods – other	106,832		126,570
Work in process	356,307		397,495
Raw materials	635,330		838,474
Chassis	725,074		293,375
Subtotal	2,022,007		1,892,225
Excess of FIFO costs over LIFO costs	(157,252)		(137,452)
Total inventories, net	$	1,864,755	$	1,754,773

Of the $2,022,007 and $1,892,225 of inventories at April 30, 2023 and July 31, 2022, $1,277,449 and $1,170,554, respectively, were valued on the first-in, first-out (“FIFO”) method, and $744,558 and $721,671, respectively, were valued on the last-in, first-out (“LIFO”) method.