How do you price baked goods for sale?
Bake Sale Pricing Guide
- Keep things affordable, and try to have a range of prices from $1 up so anyone can purchase a cookie or a muffin.
- Sell more items by pricing things in groups: “3 chocolate chip cookies for $2” or “Cupcakes $2 each or 3 for $5.” This will entice people to spend more money.
How do I figure out how much to charge for a cake?
Frequently asked questions
- First, estimate how many hours is this cake going to take – 5 hours.
- Then, calculate the cost of ingredients – $20.
- Next, determine the labor cost – $20 x 5 = 100.
- Add utilities cost – $5.
- Sundry cost (small cost) – $5.
- Then, calculate the total cost: 20 + 100 + 5 + 5 = $130.
How do you price homemade baked goods?
Your prices should cover your cost of goods sold, or COGS, at the very minimum. The formula to calculate your COGS is: Cost per serving + Labor cost per item + Variable Costs + Fixed costs + Startup costs.
How much is a cake for 40?
How much should I mark up my baked goods?
For example, if the total overhead and production costs of the baked goods you project you will sell, discard or donate each day is $1,000, and you want to make a profit of $300 per day, you will need to mark up your product 30 percent.
How much should I sell homemade cookies for?
In short, you should plan to charge between $2 and $6.50 per cookie, or between $8 and $15 per dozen if you choose to sell your cookies in bulk. When setting your pricing, you should consider the cost of both the ingredients and baking equipment, as well as your time, and complexity of the cookie.