Leni Manufacturing Company used the perpetual inventory system. The following materials inventory account data is provided: Beginning inventory............. P275,000.00 Total debits to the account... .P825,000.00 Excess of the beginning inventory over ending inventory.............P55,000.00 The cost of materials issued to production is. ? Select the correct response: o P770,000.00 P880,000.00 O P1,045,000.00 P1,100,000.00