I was asked if I could do a wedding cake for October 25th. I never did a wedding cake. What should I say?

What do you want to say?  Do you feel up to the task?  Is it something you would enjoy?  Would you like the extra money?  If the answer to those questions is yes, then go for it, if not, no.

I decided I'd like to go for it. I want to ask when I give a quote do I just say this cake to feed 100 people will cost x amount of money and explain what is included in price such as price per serving, price for the detail work, etc or just say price and only give details if asked?

The client should provide a "wish list". Every bride seems to have some cake ideas. Encourage her to bring photos, images, etc. "My cakes start at $---- per serving, based on traditional decorations and go up from there. If you have a specific budget, we can design something together that fits that budget. Let's brainstorm some ideas together and I will get back to you with a quote, and maybe a few options". 

Leave yourself an opening to get a real quote together and not have to quote "on the fly". Remember.... written contract please, deposit upfront, and paid in full before the oven goes on. 

Along w/the good advice so far start studying YouTube videos on making/stacking/decorating wedding/stacked cakes   Find out how many servings are needed & maybe do a test run   

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............. when I give a quote do I just say this cake to feed 100 people will cost x amount of money and explain what is included in price such as price per serving, price for the detail work, etc or just say price and only give details if asked?............

Usually one just gives a total, final price.  Don't go into details.  (Examples:  "That design costs $100 for 50 servings" or "This one is $250 for 80 servings.")   People don't need to know that each flower costs $xx or fondant costs more than b'cream unless they ask :)  Be sure to have a price per serving ready!   But you can tell them the costs includes delivers & set up.   You don't want some far flung relative coming in a sports car to pick up you hard work! 

BTW:  a personal disliking of mine is to say a cake "feeds" xxx.  You should say it "serves" :)   

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Just being nosey............ wondering how this is coming along?  Did you actually agree to do it.........is it on the 'books'? 

I did a follow- up and never heard back from the customer.