Fair price for mulch?

[tdifonzo]

Hey guys. I'm giving a price for a small mulch job. I have 1existing bed that's 17ft x 8ft which needs to be cleaned up and remulched. I also need to create a bed around a Magnolia tree approx. 6ft round. I figured about 1 1/2 yards of red mulch and about 3 hours labor including picking up the mulch and getting rid of debris. I came up with $280.00. Does this sound like a fair price or am I to low?