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Agency Stores - CS <br />~ ~ ~ .USE ; ~. <br />AG~tVsKIES' ,,OWN$:;.-; <br />INVENTORY R~TAIt, PRICING <br />- BASIS OF AGENCY REVENUES ' : <br /> . f <br />~~ Alabama No N/A N/A <br />~~~ 12% on the first $325,000 in sales, 8% on next $75,000 4% over <br />Idaho Yes State Set by state. $325,000 based on sales, 8°l0 on next $75,000, 4% over $400,000 <br /> based on sales in the prior FY <br />Iowa No N/A N/A Iowa wholesales to privately owned retail outlets. <br />Maine Yes Agent Set by state. Agencies purchase at 9% to 12% discounts. <br />Montgomery Co., Independent contractors who provide labor only operate three <br />MD Yes County Set by county. county stores. Commissions paid bimonthly on net sales; rate varies <br /> from 5.99% to 13.5% of net sales. <br />Michigan No N/A Spirits set by Wholesale only state. <br /> state. <br />Mississippi No N/A N/A Wholesale only state. <br /> All retail liquor stores (95) are operated as agencies. Agents <br /> purchase liquor from the state liquor warehouse at a discounted <br /> price based on their commission rate, plus a weighted average <br /> discount rate, plus a sales volume rate. The commission rate for <br /> stores in communities with a population greater than 3000 receive a <br /> 10% commission. Commission rates for stores in communities with <br /> Minimum set by a population greater than 3,000 is based on the rate of the <br />Montana Yes Agent <br />state. successful bidder through an "Invitation for Bid" process. The <br /> weighted average discount rate every agent receives in addition to <br /> their comission rate varies between stores. The weighted average <br /> discount rate is based on the stores historical ratio of full-case lot <br /> sales to licensees. Agents are required to give an 8% discount of . <br /> full case lot sales to licensees. Stores with a sales volume greater <br /> than $500,000 receive .875°!° and stores with a sales volume less <br /> than $500,000 receive 1.5%. <br />New Hampshire Yes Agent Agent purchases at 8% discount. <br />North Carolina No N/A N/A N/A <br />Ohio Yes State Receive commission twice monthly; retail equals 6% of sales, <br /> wholesale 4%. <br /> Receive commission on monthly sales as follows: Non-Exclusive <br /> Agents: base compensation of 14.25% of first $10,000 of monthly <br /> sales plus regular sales commission of 7.75% of monthly consumer <br />Oregon Yes State Set by state. sales and 6.05°l0 of monthly dispenser sales. Exclusive Agents: <br /> base compensation ranging from 14.25 /o of frst $10,000 of monthly <br /> sales (class 1) to $2,700 (class VI) plus regular sales commission of <br /> 7.99°l0 of monthly consumer sales and 6.24% of monthly dispenser <br /> sales. <br />Pennsylvania No N/A N/A N/A <br /> Receive no commission; receive even monthly payments based on <br />Utah Yes State/Agent Set by state. average monthly sales of previous year. <br /> Commission paid twice monthly. Commission based on flsce{ year <br /> gross sales: Incentive Commission System--6.7% starting base : ,;;; <br />Vermont Yes State Set by state. commission along with additional incentive percentage values and <br /> objectives to meet that can account for an additional 1.5°!o in <br /> commission for a total possible commission of 8.2% of gross sales:.. <br />Virginia No N/A N/A <br /> Base rate (calculated using the average net sales for prior FY) plus <br /> commission percentage based on monthly net sales: 22.07% on <br />Yhashington Yes State Set by state. ° o <br />first $10,500; 8.21 /° on sales from $10,501 to $21,000; and 6.45/0 <br />1 <br /> on all sales over $21,000. <br />West Virginia No N/A N/A Wholesale only state. <br />Wyoming No N/A NiA Wholesale only state. <br />~~ 242 <br />y (3 NABCA Survey Book: 2008 <br />