Your computer appears to have an LGA 1156 based motherboard, which only supports first generation mainstream Intel CPUs up to the Intel Core i7-870 2.93GHz. Pre-built computers that aren't from boutique manufacturers do not have motherboards that support overclocking, and often have power supplies that do not support graphics cards that require extra power connectors. The best slot-powered video card you can purchase for that machine is an AMD Radeon HD 7750.
You can take your chances trying to upgrade your motherboard, but your Acer computer may have proprietary headers for the power button, lights, etc. and you would need a new power supply anyway if you wanted to do any serious upgrades.
Judging from your specs, you likely have a Core i3-550 3.2GHz processor currently.