(1) The posted price of liquor is determined by:

(a) adding:

(i) the wholesale price as set forth in (2);

(ii) the liquor excise tax as determined under 16-1-401, MCA; and

(iii) the liquor license tax as determined under 16-1-404, MCA;

(b) dividing the total from (a) by the number of individual units within the case; and

(c) rounding the total from (b) up to the next nickel increment.

(2) The wholesale price is determined by:

(a) adding:

(i) the vendor's current quoted price per case; and

(ii) the department's current freight rate per case to agency liquor stores; and

(b) multiplying the total from (a) by the state markup as set forth in (3).

(3) Unless a vendor qualifies for a reduced state markup under ARM 42.11.106, the state markup is as follows:

(a) 40.5 percent on any liquor other than fortified or sacramental wine;

(b) 51 percent on fortified wine containing more than 16 but no greater than 24 percent alcohol by volume; and

(c) 20 percent on sacramental wine containing more than 16 but no greater than 24 percent alcohol by volume.