I was hired to make a wedding cake for my boss' daughter, the cost of materials is looking to be about $152, but I'd like to make a little something on top of covering my costs. How should I go about costing? It will be for 110 people, three cakes, not tired, hydrengas in gumpaste and the whole cake covered in fondants. 16, 12, and 8.... I would love some advice! Its the first time I will have to ask for more then just covering costs....
First, a 8/12/16 cakes serves 24/56/100 = 180 servings. So you should charge for 180 servings, not 110.
http://www.wilton.com/wedding/wedding-cakes/wedding-cake-data.cfm
My fondant rate was $4.50/serving x 180 = $810
Take it for what it's worth.
I follow indydebi's way of thinking. Only, my prices are lower. I'm still new, and the area that I'm in would leave me with fewer cakes to make if I charged more. Just know that you'll be spending a lot of time on it, and you need to be fairly compensated for it. Best of luck!
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