Step 1: Concept
Use product-to-sum formulas or specific angle identities to simplify the product.
Step 2: Meaning
Rewrite as $1/2 [2 \sin 24^\circ \cos 6^\circ] \cos 72^\circ = 1/2 [\sin 30^\circ + \sin 18^\circ] \cos 72^\circ$.
Step 3: Analysis
Substituting $\sin 30^\circ = 1/2$ and $\sin 18^\circ = \cos 72^\circ$, we get $1/2 [1/2 + \sin 18^\circ] \sin 18^\circ$.
Step 4: Conclusion
Expanding and using standard values for $\sin 18^\circ$ leads to the simplified result of $1/8$.
Final Answer: (D)