The Packing Department transferred out completed units with a cost of $74,000. This transfer should be recorded with the following entry:

The question does not provide options for selecting, but the correct entry for transferring completed units with a cost of $74,000 would be to debit the Finished Goods Inventory account for the cost of the units transferred and credit the Work in Process Inventory account for the same amount. Therefore, an entry is required to record the transfer of completed units from the Packing Department to the Finished Goods Inventory account.