1. (Click the icon to view the Ifarisactions.) Reiad the recuirements. perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. Enter the oidest inventory layers first] More info Jun. 3 Sold 25 units far $125 each. Jun. 16 Purchased 40 units at S58 each. Jun. 23 Sold 38 units for $125 each