The following unit data were assembled for the heating process of Morgan Processing Inc.for the month of August.Direct materials are added at the beginning of the process.Conversion costs are added uniformly over the production process.The company uses the FIFO process costing method. 
-The number of equivalent units produced by Morgan Processing with respect to direct materials costs is
Definitions:
P-value
The probability of obtaining test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is true.
Test Statistic
A value calculated from sample data during a hypothesis test to determine whether to reject the null hypothesis.
Randomly Selects
The process of choosing individuals or items from a population in such a way that each has an equal chance of being chosen.
Level of Significance
A threshold in statistical hypothesis testing, below which the null hypothesis is rejected.
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