Here's my rant for the day, just in case anyone doesn't have a problem of her own to worry about :)
I had a potential client wanting an exact cake replica of a military aircraft sitting on a runway, complete with replicas of several of the soldier's medals to serve 30 guests. The closest thing I've ever done to this was a replica of an antique car. I priced it way too low, completely underestimated how much time it would take and ended up making only $10/hour, not counting what it cost for ingredients and materials (frame, heavy-duty board, etc.)
After spending hours researching this airplane and finding the scale blueprints, I sent the client a message quoting her $1500 for the project, noting at least 40 hours of work, plus the materials. Her response was this: "$150? or $1500? We were looking for something in the $100-$150 range. See what you can do with that. Maybe make a smaller plane, lol" I can't even begin to explain how livid I am. People seriously don't have a clue! The time I've already spent on this project warrants $150 and I haven't even turned on the oven.