Inventories

3 Months Ended

Oct. 31, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	October 31, 2023		July 31, 2023
Finished goods – RV	$	252,534	$	164,456
Finished goods – other	86,533		93,476
Work in process	348,032		313,006
Raw materials	517,116		563,614
Chassis	672,618		681,122
Subtotal	1,876,833		1,815,674
Excess of FIFO costs over LIFO costs	(162,604)		(162,604)
Total inventories, net	$	1,714,229	$	1,653,070

Of the $1,876,833 and $1,815,674 of inventories at October 31, 2023 and July 31, 2023, $1,267,808 and $1,224,069, respectively, were valued on the first-in, first-out (“FIFO”) method, and $609,025 and $591,605, respectively, were valued on the last-in, first-out (“LIFO”) method.