What is the correct order of the steps to prepare a departmental income statement?

a. Allocate revenues and indirect expenses across departments, accumulate direct expenses, allocate expenses of the service departments to the operating departments, and prepare performance reports.

b. Accumulate revenues and direct expenses, allocate expenses of the service departments to the operating departments, allocate indirect expenses across departments, and prepare performance reports.

c. Accumulate revenues and direct expenses, allocate indirect expenses across departments, prepare performance reports, and allocate expenses of the service departments to the operating departments.

d. Accumulate revenues and direct expenses, allocate indirect expenses across departments, allocate expenses of the service departments to the operating departments, and prepare performance reports.

e. None of the above.