Discussion: Unit of Analysis and Sample Size Quantitative researchers must give serious consideration to the unit of analysis, the most elementary part of what is to be studied. Units of analysis can vary in scope, ranging from individuals to groups to institutions and beyond. Once the appropriate unit of analysis has been identified, the researcher can then start to address initial concerns such as the required sample size. Determination of the unit of analysis also impacts, but is not limited to, decisions regarding research design, data collection methods, and data analysis decisions, just to name a few. To prepare for this Discussion, review the seminal article by Francis et al. (1999). Then review Rubric item 2.6b in the DBA Doctoral Rubric and Research Handbook. Think about the “who” or “what” you will need to use as your unit of analysis. By Day 3 Post an assessment of the impact of the unit-of-analysis selection in quantitative doctoral business research. In your assessment, do the following: Describe the importance of ensuring the unit of analysis aligns with the doctoral research purpose.Explain the broader implications of selecting the incorrect unit of analysis on the practice to business.Analyze the relationship between sample size for the chosen unit of analysis and statistical power.Justify how and why the unit of analysis for you proposed quantitative study is appropriate for your research question. Be sure to support your work with a minimum of two specific citations from this week’s Learning Resources and at least one additional scholarly source. Reference Faul, F., Erdfelder, E., Buchner, A., & Lang, A.-G. (2009). Statistical power analysis using G*Power 3.1: Tests for correlation and regression analyses. Behavior Research Methods, 41(4), 1149–1160. doi:10.3758/BRM.41.4.1149 Francis, J. R., Stokes, D. J., & Anderson, D. (1999). City markets as a unit of analysis in audit research and the re-examination of big 6 market shares. ABACUS, 35(2), 185–206. Retrieved from http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-6281 Green, S. B., & Salkind, N. J. (2017). Using SPSS for Windows and Macintosh: Analyzing and understanding data (8th ed.). Upper Saddle River, NJ: Pearson. Saunders, M. N. K., Lewis, P., & Thornhill, A. (2015). Research methods for business students (7th ed.). Essex, England: Pearson Education Unlimited.

Complete the Week 1 Case Study focusing on cost-volume-profit analysis.Background Information:Turner Woodworking, LLC is a small family owned manufacturing business. They have three primary products:BirdhousePorch swingFreestanding hammockAll products are made within their existing on-site manufacturing facility.Current selling prices are as follows:ProductsSelling price per unitBirdhouse$58Porch swing$525Freestanding hammock$375Material requirements for each product are as follows:BirdhouseMaterialQuantity required per unitPriceWood4 board feet$3 per board footFinishing products0.5 quarts$6.20 per quartPorch swingMaterialQuantity required per unitPriceWood40 board feet$3 per board footHardware1 set$25 per setFinishing products3 quarts$6.20 per quartChains28 feet$1.85 per footFreestanding HammockMaterialQuantity required per unitPriceWood12 board feet$3 per board footHardware1 set$25 per setFinishing products1 quart$6.20 per quartRope180 feet$0.75 per footLabor hours for each product are as follows:ProductsLabor HoursBirdhouse1.5 hoursPorch swing3.5 hoursFreestanding hammock6 hoursThe direct labor rate is $14 per hour. The company employs 8 workers in the manufacturing area. Each employee works an average of 160 hours per month for total monthly estimated direct labor hours of 1,280. The manufacturing facility incurs the following monthly fixed costs:Lease$9,500Utilities$1,800Equipment depreciation$2,200Supervisor salary$3,000Indirect materials$780Management allocates fixed manufacturing overhead costs by considering the dedicated square footage in the factory, equipment used in production, and direct labor hours required to make the product. Based on their analysis, they have arrived at the following allocation per product line:ProductsFixed Cost Allocation PercentageBirdhouse15%Porch swing50%Freestanding hammock35%Requirements:Compute the variable cost for each product.Compute the contribution margin for each product.Compute the contribution margin ratio for each product.Compute the break-even point for each product assuming the existing allocation rate for fixed manufacturing overhead.Compute the target profit break-even point assuming that management wishes to earn the following profit levels:ProductsTarget ProfitBirdhouse$6,000Porch swing$12,000Freestanding hammock$8,000During the month of August, the company manufactures and sells the following:ProductsQtyBirdhouse230Porch swing90Freestanding hammock88Prepare a contribution margin income statement assuming that fixed selling and administrative expenses are $5,300. While management has extensive knowledge of woodworking and manufacturing, they have no background in accounting or finance. Prepare a memo to management (two-page minimum) to explain your findings from the CVP analysis performed above.Be sure to include the following elements:Key findings related to contribution margin ratios, break-even points, and target profit.Using CVP analysis to better understand cost behavior and maximize profitability.Conclusions related to current staffing and future staffing considerations.Using CVP analysis to make better sales-mix decisions.Applying CVP concepts in scenarios of constrained resources such as labor or equipment.Implementing CVP to improve pricing decisions.Incorporating CVP into capital investment decisions.The Week 1 Case Study paperMust be a minimum of two double-spaced pages in length (not including title and references pages) and formatted according to APA Style as outlined in the Ashford Writing Center’s APA Style (Links to an external site.) resource.Must include a separate title page with the following:Title of paperStudent’s nameCourse name and numberInstructor’s nameDate submittedFor further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).Must use at least two scholarly sources in addition to the course text.The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.Must document any information used from sources in APA Style as outlined in the Ashford Writing Center’s APA: Citing Within Your Paper (Links to an external site.) guide.Must include a separate references page that is formatted according to APA Style as outlined in the Ashford Writing Center. See the APA: Formatting Your References List (Links to an external site.) resource in the Ashford Writing Center for specifications.