Information for Lemon Squeezer Budgets. Lemon Ltd. produces fruit squeezers. The squeezers' sales for the next 5 months are projected to be: January 60,000 February 90,000 March 96,000 April 84,000 May 104,000 The following information pertains to the budget assumptions. a. Finished goods inventory on January 1 is expected to be 20000 units. The desired ending FGI for any month (except for the Dec 31 inventory as noted previously) is expected to be 20% of the following month's sales. b. Data for materials used are: metal 1.5 ounces per unit $17.00 per ounce plastic 0.75 ounces per unit $9.00 per ounce Raw materials ending inventory is always budgeted to equal 15% of the following month's production needs. On March 31, the ending inventory of metal parts is expected to be 18,000 ounces and for plastic parts is expected to be 12,000 ounces. c. Direct labor used: Machine operator: 1 hour at a rate of $12 per hour. Assembler: a half an hour at a rate of $9 per hour.