Birthday cake marshmallows.
Recipe.
According to chef Emmanuel Stone at Epting Events, it’s possible to throw a fairly lavish party for 50 people for about $500, but it’s important to plan your budget carefully. A good rule of thumb is to plan to spend about 60 percent of your party budget on food and drink; 25 percent on glasses, flatware, and necessary serving pieces; and 15 percent on the look and feel.