Compound K52E is a raw material used to make Pinkos Corporation's major procuct. The standardl cost of compound K52E is S46.00 per ounce and the stanclard quantity is 5.0 ounces per unit of output Data concerning the compound for Merch appear below Cost of material purchased in March. per ounce Material purchased in March, ounces Material used in production in March, ounces $46.60 3,700 3,570 800 The raw material was purchased on account. The Materials Quantity Voriance for March would be recorded os a: O Credit of $19780 OCreclit of $5,980 O Debit of $19780 O Debit of $5.980