Peter Pumpkin Inc. makes Pumpkin Decorations for a number of Pinterest...
70.2K
Verified Solution
Link Copied!
Question
Accounting
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!