Lay out a couple large sheets of waxed paper on your work surface. Prepare your decorations - its helpful to place each decoration in small bowls so they are ready to go when you need them. The chocolate will cool and harden within minutes, so you'll need everything at your fingertips to work quickly.

Begin making the cracker sandwiches by spreading one cracker with 1 tsp. of peanut butter. Place the second cracker on top to create a sandwich. Repeat this process for all of your cookies.

Next, melt the chocolate candy coating according to package directions. Dip each of the cracker sandwiches into the chocolate coating, covering the entire outer surface. Place on the waxed paper. While the chocolate is still wet, place a white chocolate wafer on the bottom half of the cookie for the penguin tummy. Place two orange candies at the bottom for the feet, two eyes at the top, and a 1/2 orange candy for the beak.

Let the chocolate cool and set completely before handling. Keep cookies at room temperature or freeze.