Answer:
Transferred-out: 160,000
Step-by-step explanation:
The amount transferred out will be calculated using the following identity:
beginning WIP + cost added during the period: total cost to be accounted for
and this cost will be either transferred out or remain at work in process
so:
beginning 0 + cost added 200,000 = 200,000 cost to be accounted for.
ending work in process 40,000
transferred-out: 160,000