7. Sky High Company Sky High Company manufactures toy airplanes. Information on Sky High Company's labor costs follow: Sales commissions $5 per plane Administration $10,000 per month Indirect factory labor S3 per plane Direct factory labor S5 per plane The following information applies to the upcoming month of July for Sky High Company: Budgeted production 1,200 units Budget sales 1,000 units Question: Refer to Sky High Company. What amount of budgeted labor cost would appear in the July selling, general, and administrative expense budget? Major Manripe. Ime 2012 Sheet 2012 S10 Acope 2012 53.150 10.000 Accue Inventory Total Not Listedet 3206 Total Hobbies & equity 21.600 Required: If Major Manuscripts, Inc. decides to maintain a constant debt-equity ratio, what rate of growth can it maintain assuming that no additional external equity financing is available? How sustainable growth contributes towards the growth of a corporation? Discuss. b