I made a baby quilt for a friend of mine to give as a gift. The fabric was already pre quilted. She paid for the fabric (including the backing and binding), and the thread. I had her buy a little extra of the prequilted and a full yard of the binding fabric. We went shopping together. I told her that I wanted to make a gift for Grandpa too, from me (his first grandchild). I printed the baby's 1st picture on a fabric sheet and made a pillow for Grandpa, they both turned out great. I didn't charge her a whole lot cause I really didn't have to do much, but she also slipped in an extra $20.
Now the other daughter is pregnant and expects a quilt. Said I would make it also, but the same conditions will apply.