Iron Hill began August with 60 units of iron inventory that cost $25 each. During August, the company completed the following inventory transactions: (Click the icon to view the transactions) Read the requirements Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perp record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Date Unit Quantity Cost Total Cost Quantity Cost Cost Quantity Cost Aug. 1 Cost Enter any number in the edit fields and then continue to the next question Inventory on Hand Quantity Quantity Dear Aug 21 30 Totals Enter any number in the edit fields and then continue to the next question Iron Hill began August with 60 units of iron inventory that cost $25 each. During August, the company completed the following inventory transactions: (Click the icon to view the transactions) Read the requirements Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perp record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Date Unit Quantity Cost Total Cost Quantity Cost Cost Quantity Cost Aug. 1 Cost Enter any number in the edit fields and then continue to the next question Inventory on Hand Quantity Quantity Dear Aug 21 30 Totals Enter any number in the edit fields and then continue to the next