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What is the burden rate? What is the direct rate? What are the most common burden rates? What does it mean when a burden rate

What is the burden rate? What is the direct rate? What are the most common burden rates? What does it mean when a burden rate is empirical? Provide the full burden rate for a labor resource at an hourly rate of 43.25 given a Direct labor overhead rate of 80%, general and Administrative Rate of 15%, Profit Rate of 25%, and a Fee rate of 3%? What is the multiplying Factor? Make sure you define all terms and provide all calculation

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