its a tough one. best way if its a freelance job just for some mates is to work out the hours roughly and set a figure on how much you reckon it took. There are peopel here who can help you properly work this sort of thing out, plsu recruiters and design sites have advice like oimoi.com or creativematch.com.
Work each job out like, logo =£40 etc then add on each bit - I mean its worth being lower to keep them as mates and also to ensure future work. Many bands have been known to stick with their graphic designers and such, propell each other.
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