How much do general contractors charge per hour to do work?

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In Phoenix Arizona my general contractor has allocated 10% of the total bid ($53,000) $5,300 for his fee plus $60.00 an hour ($7,000) for a kitchen and bath remodel and install 1000 sq, feet of floor tile in an 1850 sq, ft. house. Is his fee of ($12,300) in line?
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