Accenture plc provides consulting services using job costing. In October 2028, the company undertakes three service contracts with the following costs:

Contract	Direct Costs ($)	Indirect Costs ($)	Total Revenue ($)
Contract X	500,000	200,000	1,000,000
Contract Y	600,000	250,000	1,200,000
Contract Z	550,000	220,000	1,100,000

Required:

• Calculate the gross profit margin for each service contract.
• Determine the contribution margin ratio for Accenture plc's consulting services.
• Analyze the profitability of each contract using job costing principles.
• Discuss the role of indirect costs in service contract profitability.
• Prepare a job costing statement for Accenture plc.