The standard costs (direct material and labour) for price list components are updated on a monthly basis in excel sheets by Controlling Department. Controlling gets from Sourcing the latest purchase prices of raw materials and from Payroll changes of average hourly wages. The number of production hours are updated only in cases of major changes in processes / productivity. The latest sales prices are maintained in the same sheets and these calculations show also the theoretical margin after direct costs (with normal capacity usage) by component with the latest cost and sales price data. Controlling delivers this “profitability” information to the “Strategic Sales Management” for information.