AWhat is the going price for a 3 layer red velvet or italian cream cake in your area? What about per slice?
ACheck out the Pricing Formula link in my signature below, you are probably looking at a price in the $2-7/serving range depending on the market.
AI know a local place that gets $4 something a slice and $40 or $50 something for a whole one. I was just wondering if that was normal or if it was on the low side. Unfortunately I can't see your signature on mobile. :(
AHere's a direct link: http://jasonkraftblog.wordpress.com/2013/05/14/the-magic-pricing-formula/
It really depends on the area...$4/slice might be too high, too low, or spot on.