I am doing my second paid cake and I don't really know what to charge. Most of the cakes I make are for family and friends and I am really excited to do this one. It is going to be a 10" round cake for a college graduation. It will have some royal icing daisies on it with a graduation cap either done as a transfer or maybe molded out of fondant, not sure yet. So any thoughts on how much I should charge?????

I suggest add up the cost of your ingredients and about how long it will take you to make the cake (include grocery shopping, baking, cleaning, decorating, ALL of it) and then figure out an hourly rate. Add it all together and you have your price for the cake.

I wouldn't charge less than $2.00 a slice.

I agree with both posters.. make sure you knw how much it costs you to make the cake and go from there. I'd never do a cake for less than $2/serving. I charge $4 for buttercream and $5 for fondant.