When it comes to body shops I will always recommend Baker Boyz Designs and Special FX Autobody in Edmonton, its not the cheapest around but the quality of Shane's work is top notch. He stands behind is work as well.
There are many factors that effect the price. One of the most overlooked is the cost of the paint itself. That varies greatly depending on the color. Some colors can require 6,7,8 or more coats to properly obtain the correct color depth. Some color codes require a basecoat followed by a transparent tinted pearlescent coat. The amount of pearls in the paint drastically effect the cost. The base material comes into play when selecting the primer and required additives to the paint. If its plastic parts its a good idea to add a plasticizer to the paint to help prevent flaking. That also effects the drying time and application window. With modern paints it is not impossible for a quart to cost $1200. When it comes to black, there is no such thing as straight black anymore. There is midnight black, deep black, hotrod black, dodge black, ford black ext.
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