(Click the icon to view the actual income statement.) The company's flexible budget income statement for December follows: Fi: (Click the icon to view the flexible budget income statement.) Read the requirements. Creative Bubbles, Inc. Income Statement Performance Report Data table For the month ended December 31 Requirement 2. What accounts for most of the difference between actual operating income and master budget operating income? The for operating income is larger than the Most of the difference betwe Creative Bubbles' master budget variance for operating income is This means that operating income is than expected. Choose two reasons why the income statement performance report provides Creative Bubbles' managers with more information than the simple master budget variance. These variances suggest that the marketing department did a job by selling kits than expected, at a sale price than expected