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Inventories | 3 Months Ended
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Oct. 31, 2022
Inventory Disclosure [Abstract] |
Inventories | Inventories Major classifications of inventories are as follows:
| October 31, 2022 |  | July 31, 2022
Finished goods – RV | $ | 282,444 |  |  | $ | 236,311 |
Finished goods – other | 131,145 |  |  | 126,570 |
Work in process | 363,275 |  |  | 397,495 |
Raw materials | 779,410 |  |  | 838,474 |
Chassis | 439,550 |  |  | 293,375 |
Subtotal | 1,995,824 |  |  | 1,892,225 |
Excess of FIFO costs over LIFO costs | (142,952) |  |  | (137,452) |
Total inventories, net | $ | 1,852,872 |  |  | $ | 1,754,773 |
Of the $1,995,824 and $1,892,225 of inventories at October 31, 2022 and July 31, 2022, $1,196,619 and $1,170,554, respectively, were valued on the first-in, first-out (“FIFO”) method, and $799,205 and $721,671, respectively, were valued on the last-in, first-out (“LIFO”) method.

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- References No definition available. + Details
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI https://asc.fasb.org/topic&trid=2126998 + Details
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