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Waheed decided to buy the fishing rights for a nearby river that would last for ______ years.
Notes
This document has 4 pages. Any blank pages are indicated.[Turn over Cambridge International AS & A Level ACCOUNTING 9706/43 Paper 4 Cost and Management Accounting May/June 2025 INSERT 1 hour INFORMATION ● This insert contains all of the sources referred to in the questions. ● You may annotate this insert and use the blank spaces for planning. Do not write your answers on the insert. * 9 1 4 2 4 4 0 8 9 0 - I * DC (SL) 340883/2 © UCLES 2025www.exam-mate.com 2 9706/43/INSERT/M/J/25© UCLES 2025 Source A for Question 1 Waheed wanted to start a project to tap into the expanding leisure industry. He decided to buy the fishing rights for a nearby river and then sell the right to fish in that river to individuals via ticket sales. He thought he could also rent out some fishing equipment. He was unsure whether he would sell day tickets or annual tickets. He provided the following information. 1 The fishing rights would cost $57 000 at the start of the project and last for four years. 2 Waheed thought the fishing equipment he would rent out would have a life of two years. Therefore, he would spend $5000 at the start of the project and $6000 at the end of year 2. 3 Fixed costs, consisting of ...
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