I'd try around some other shops, midas mounted my girlfriends muffler (welded two joints & bent up and welded two hangers) for $30.00 - the day before that he bent up a piece of pipe where her resonator used to be and welded it up for $30 also. I don't see welding up a set of mufflers/turndowns/hangers being much more work at all, so $100 would seem reasonable, not $300. You could go out and get a small mig welder for $300. I would definitely shop around before paying that much for what you need done. If you want, you could just mail you entire car/mufflers to me and I'll have the guy by me weld it up.
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1990 Notchback: BBK Ceramic Coated Full length headers, Dr. Gas 3"- 2 1/2" x-pipe, Flowmaster 40's/turndowns.
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