Grease and flour two 9 inch cake pans, or use paper liners for cupcakes.Divide batter evenly between the pans or liners. Bake in a 325 F. degree oven for 40 minuitesd for layers, or 20 min. for one pan of cupcakes at a time. Toothpick inserted in the center should come out clean, but do not overbake. Set pans on cooling wire racks for 10 minuites before removing. Cool before frosting, about 30 min.