Ironstone Incorporated produces ceramic coffee mugs and pencil holders. Manufacturing overhead as assigned to procuction using an. application rate based on direct labor hours. Required: a. For 2022, the company's cost accountant estimated that total overhead costs incurred would be $578700 and that a tolar or 57000 direct labor hours would be workedion. Calculate Note: Round your answer to 2 decimal places. Calculate the cost of each coffee mug produced. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. c. At the end of August 2022, 150 coffee mugs made in the production run in part b had been sold and the rest were br endiry inventory. Calculate (t) the cost of the coffee mugs sold that would have been reported in the income statement and (2) that cout. Note: Do not round intermediate calculations. Round your answers to 2 decimal places