Required:

$1.$ Compute the target prices for the three models, based on the traditional, volume$-$based product$-$costing system.

$2$ Compute new product costs for the three products, based on the new data collected by the controller.

$3.$ Calculate a new target price for the three products, based on the actlvity$-$based costing system.

$($For all requirements, round your intermediate calculations and final answers to $2$ decimal places.$)$