The price will be the sum of your ingredient costs, labor costs (which can vary considerably depending on the design and the wage you pay yourself), per-order overhead costs (in some areas an inspected commercial kitchen is required to legally sell cakes), and your profit margin (typically in the 20-30% range).
Depending on the legal requirements in your area this can range from $2/serving to $10/serving or more. Our starting price (in CA, which requires a licensed and inspected kitchen) for multi-tier cakes covered in fondant is $5/serving, but the typical order is in the $6-7/serving range.
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