Differences in wage rates associated with differences in working conditions are called: Select one: a. compensating income differentials. b. equalizing wage ratios. c. conditional differentials. d. compensating wage differentials.

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation