Brief Exercise 163 (Part Level Submission) Speedy Access Services Inc. leases access to high-speed computers to small businesses. It provides the following information for the year: Budgeted Actual Overhead cost Computer hours Direct labor hours $2,200,000 $2,100,000 90,000 180,000 100,000 200,000 Overhead is applied on the basis of computer hours. Compute the predetermined overhead rate Predetermined overhead rate per computer hour Determine the amount of overhead applied for the year. The amount of overhead applied $