Pricing help please

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I have a customer who wants 200 letter L decals to go over fire dept. lock boxes throughout the city. The L's are 1.5-2 inches high and will be cut in red reflective vinyl. No install, just cut, weed and mask. I was thinking $1.50-$2.00 but not sure. Any advice is welcome.

Thanks, Len

[firemalt 10]

@ 2" tall with 1/4" spacing on 15" wide material you should come in at about 68" worth of material. Cost to make each decal with app tape should be under $0.10

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Thanks FireMalt