Subwholesaler to Retailer Cigarette Minimum Price Calculation

1. Multiply the wholesaler to subwholesaler purchase price from your invoice by the current approved cost of doing business percentage.
2. A fractional part of a cent equal to one-tenth of a cent or more in the result of step 1 must be rounded off to the next highest cent.
3. Add the result from step 1 to the wholesaler to subwholesaler purchase price.
4. The result of step 3 is the minimum price that you may sell to your licensed retailers.

Example:

$34.00   Purchase price per carton

X .43%   Cost of Doing Business percentage

$ .1462

$34.00   Purchase price per carton

+    .17   Result from step 1

$ 34.17  Minimum subwholesaler to retailer selling price per carton