materials requisition

materials requisition

a document which is used to authorize and record the issue of materials or components to production from stores. Information from the requisition is used to update the STORES RECORD CARD (bin card) and the STORES LEDGER, and to ascertain the DIRECT MATERIALS used on jobs or products as well as the INDIRECT MATERIALS used by various COST CENTRES.
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In the following example, a Materials Requisition Form needs to be updated and printed for a list of sales orders that need to be produced in a job order system.
The Order List includes the data needed for cells C4 and C5 in the Materials Requisition Form as well as the order number in cell C3.
Then three lines are added to update the Materials Requisition Form from the data in the Order List.
The exercise illustrates the use of source documents unique to job order costing such as the job cost sheet, time tickets, and materials requisition forms.
Time Tickets & Materials Requisition Form" (see Figure 3);
Accordingly, DL worker A fills out a Materials Requisition Form (see Figure 3), asking for wood and glass, and presents it to the RM Warehouse Storekeeper.
Teaching opportunity: Explanation of a Materials Requisition Form.
The completed Materials Requisition Form appears below:
Materials Requisition Form Job Number to be Charged 1 Date -- Department Cutting Description Quantity Unit Cost Total Cost oak wood 48 sq.

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