Here's the final result; Monster Eyes and Mummies:)
First; the monster eyes: I used the tool showed to make the iris, and a glass to make the cupcake top.
TIP: This picture is just to show you a little trick when you have to paint the details; I use some foil to mix my dust-coloures with alcohol. Its easy and a cheep way to create your own paint pallet.
I used dust colour to paint the iris and red background in the eyes. Afterwards I used a toothpick to paint the vaines in the eye.