These are all good considerations, I have always Quilted for enjoyment, that's why pre-finished would be the venu, with selection of colors etc. my choice, can consider it the artist coming out but have seen what some folks pick for coordinating and sometimes shudder at choices, (not mean't to offend) I know there are many great quilters in this area, how much they sell who knows??
Do you think non Quilters know this came from here or there, chances if they did could make themselfs, probibly not your client base, Sad part is saw some at a crafters fair not long ago and was sad to see baby blankets tagged at 35.00 full 125.00 that was just wrong. these wern't eye poppers, but nicely done.

Considering Dbl irish chains, fence rail, log cabins, traditional but not CR issues, other straight line patterns that can be done in a reasonable amount of time.

Let's not forget while figuring labor, to take in our time for designing a pattern, shopping for the fabrics, choosing the quilting design... every bit of it should be included because it is time spent on the quilt.

14 hours for a king? I'd estimate it takes more like 50.

I agree with you on your pricing but you still have to consider your fabric source. Are you including the price of fabric or do they have to furnish the fabric?
I live in a rural very isolated area and there is a lady here who will do a quilt by hand for around the same price, buyer has to furnish fabric, she does a professional job.

This is what I have chosen to do - consider all fabric prices that go into making the quilt items and go 3x for the asking price... I'm not in this to make tons of money - just want to make a bit here and there - and if I keep at it maybe there'll be repeat business - I already have one loyal customer. :) I am looking for more and more selling venues. I try to hand out my card as often as possible. Word of mouth is a wonderful thing - I do custom AND ready made.

After paying myself $210.00 and fabric, LAQ etc. I still have $248.00 left for profit. $200.00 on a queen, 150.twin.
I do 3 shows per year and I pay taxes on approx. $11,000. per year. So I don't complain. Its not fantastic but it keeps me occupied. I certainly could not live on what I make but its nice extra income. I have friends that do twice that amount in 3-4 shows. But I don't do placemats & napkins, table toppers, runners, baby quilts, purses, etc. as they do. I just do quilts.