What is a burden rate? What is a direct rate? What are the most common burden rates? What does it mean when a burden rate is empirical? Provide the fully 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 calculations.