In a job order costing system, which account is debited when materials are requisitioned for production?

In a job order costing system, when materials are requisitioned for production, the Work in Process account is debited. This reflects that the materials are being used in the production of goods and are no longer just part of the inventory but are actively being transformed into finished products.

By debiting the Work in Process account, the accounting records accurately capture the costs associated with the production process. This action increases the total costs recorded in Work in Process, which ultimately gets transferred to Finished Goods upon completion of the manufacturing process.

The other accounts mentioned relate to different stages of the inventory and cost flows. Finished Goods represents completed products available for sale, Cost of Goods Sold records the cost of products sold during a specific period, and Materials Inventory reflects the costs associated with materials that have not yet been requisitioned for production. Each of these accounts serves a specific purpose within the overall accounting framework, but only Work in Process is concerned with the costs of materials currently being utilized in production.