Peter Pumpkin Inc. makes Pumpkin Decorations for a number of Pinterest...

70.2K

Verified Solution

Question

Accounting

image
Peter Pumpkin Inc. makes Pumpkin Decorations for a number of Pinterest Moms. The company started October with 502 pumpkin decorations in inventory. At the end of October, the inventory count was 427 pumpkin decorations. Peter Pumpkin Inc. uses variable costing and the operating income for October was $234,000. The company's fixed manufacturing overhead cost per pumpkin decoration was $168. What is Peter Pumpkin Inc.'s absorption costing operating income for October? $162,264 $221,400 $166,464 $246,600

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students