Knife A recycled plastic cutlery company has overheads of 1052497. The company produces two products: knives and forks. The company uses traditional absorption costing to allocate overheads to its products based on labour minutes. Fork Production (units) 2013160 2049650 Minutes per unit 0.2 Using traditional absorption costing based on labour minutes work out the overhead absorption rate per unit of Fork. (Round your answer to 2.d.p) 0.5 Select one: a. 0.13 O b. 0.15 c. 0.37 d. 0.74