Michelle,
Consider checking with local quilt shops to find someone with the accucut rag quilt template. If they have it, they may cut it for you. The templates come with the fringe already cut. The batting size is perfect. It only takes a brief time to cut it. My advice on washing - go to the laundry to do it. Last xmas I did one and the day after xmas it cost me $250 for the pipes to be snaked. There is a rough texture on the cast iron pipes, perfect for snagging those threads. Pretty soon they build up and a blockage occurs. Much cheaper at the laundromat.
Happy stitching