Indicate whether each of the following creates a demand for or a supply of european euros in foreign exchange markets:
a. a u. s. airline firm purchases several airbus planes assembled in france. b. a german automobile firm decides to build an assembly plant in south carolina.
c. a u. s. college student decides to spend a year studying at the sorbonne in paris.
d. an italian manufacturer ships machinery from one italian port to another on a liberian freighter.
e. the u. s. economy grows faster than the french economy.
f. a u. s. government bond held by a spanish citizen matures, and the loan amount is paid back to that person.
g. it is widely expected that the euro will depreciate in the near future.

Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6