(1) The wholesale price of liquor, other than fortified wine is determined by adding:

(a) the department's base case cost; and

(b) the state mark-up of 40%.

(2) The wholesale selling price of fortified wine containing more than 16% but no greater than 24% alcohol by volume is determined by adding:

(a) the department's base case cost; and

(b) the state mark-up of 51%.

(3) The department may reduce the wholesale price of products which the department has designated for closeout or are determined to be overstocked in order to eliminate them from inventory.