Inventories

9 Months Ended

Apr. 30, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Major classifications of inventories are as follows:

	April 30, 2024		July 31, 2023
Finished goods – RV	$	272,428	$	164,456
Finished goods – other	87,423		93,476
Work in process	322,181		313,006
Raw materials	452,493		563,614
Chassis	598,226		681,122
Subtotal	1,732,751		1,815,674
Excess of FIFO costs over LIFO costs	(154,604)		(162,604)
Total inventories, net	$	1,578,147	$	1,653,070

Of the $1,732,751 and $1,815,674 of inventories at April 30, 2024 and July 31, 2023, $1,292,488 and $1,224,069, respectively, were valued on the first-in, first-out (“FIFO”) method, and $440,263 and $591,605, respectively, were valued on the last-in, first-out (“LIFO”) method.