Compound Q11H is a raw material used to make Grater Corporation's major product. The standard cost of compound Q11H is $23.00 per ounce and the standard quantity is 3.8 ounces per unit of output. Data concerning the compound for October appear below: The raw material was purchased on account. The Materials Price Variance for October would be recorded as a: debit of $230. credit of $212. debit of $212. credit of $230