Which of the following signifies that a target profit level has been achieved:

Select one:

a. Total revenue is equal to all of an organisations fixed costs plus the before tax value of the target profit.

b. Total revenue is equal to all of an organisations fixed costs plus the before tax value of the target profit.

c. Total revenue is equal to total costs plus the before tax value of the target profit.

d. Total revenue is equal to all of an organisations direct and fixed costs plus the before tax value of the target profit.