Help Save & Exit Submit McQueen, Inc. buys premium ice cream at a cost of $4.75 a gallon and sells it for $10.50 a gallon Selling, general, and administrative expenses are $2.05 per gallon Which of the following statements is correct? Multiple Choice O Gross profit per gallon is $575. O Gross profit per Gallon is $370 ) The difference between the selling price and the cost is recorded in the Net Profit account C ) The difference between the sing price and the cost is recorded in the gross profit account