Oh....I wouldn't do it for less than 3 times the cost of materials and then it would depend on how she wanted it quilted as well. I think the rule of thumb on crafts has been 3 times...at least thats what I remember.
Honestly though...I would rather "give" it to a friend than charge her...Somehow whenever I try to do "business" with friends/family...things get screwed up and the friendship gets ruined. I guess in that case, it depends on if you want to keep the friend or not :wink: