5/1/2019 Exam 3 Practice Quiz In 2017, Commodity Inc., processor of whole grain flour, had the capacity to produce 18,000,000 pounds of product at a conversion cost per pound of $0.40. The conversion cost per pound was $0.35 in 2016 (the previous year). The direct material cost per pound for both years was $0.10 per pound and in 2017, Commodity Inc. produced 17,800.000 pounds while actual production for the previous year was 17,600,000 pounds. What was the cost of unused capacity in 2017? OA. $140,000 O B. $80,000 O C. $70,000 O D. $160,000 5/1/2019 Exam 3 Practice Quiz In 2017, Commodity Inc., processor of whole grain flour, had the capacity to produce 18,000,000 pounds of product at a conversion cost per pound of $0.40. The conversion cost per pound was $0.35 in 2016 (the previous year). The direct material cost per pound for both years was $0.10 per pound and in 2017, Commodity Inc. produced 17,800.000 pounds while actual production for the previous year was 17,600,000 pounds. What was the cost of unused capacity in 2017? OA. $140,000 O B. $80,000 O C. $70,000 O D. $160,000