the year: Cheyenne Access Services Inc. leases access to high-speed computers to small businesses....

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Accounting

the year:
Cheyenne Access Services Inc. leases access to high-speed computers to small businesses. It provides the following information for
Estimated
Overhead cost
$2.214,000
Computer hours
100.000
Direct labor hours
205,000
Actual
$2,114,000
90.000
185.000
Overhead is applied on the basis of computer hours.
(a)
Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g.52.75.)
Predetermined overhead rate
$
per computer hour

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