In Eutectoid reaction a solid phase transforms into two other solid phases upon cooling. Which one of the following is correct in the case of Eutectoid reaction occurring in Iron-Carbon phase diagram?
(a) Austenite converts to Ferrite and Cementite
(b) Ferrite converts to Cementite and Martensite
(c) Cementite converts to Austenite and Ferrite
(d) Martensite converts to Ferrite and Cementite