Pink Velvet Cupcakes

Icing sugar, sugar, cream cheese (cream, skim milk, bacterial culture, salt, carob bean gum), shortening (canola, palm, modified palm and palm kernel oil), water, enriched wheat flour (wheat flour, niacin, reduced iron, thiamine mononitrate, riboflavin, folic acid), egg, soybean and canola oil, modified corn starch, whey powder, leavening (sodium acid pyrophosphate, sodium bicarbonate, corn starch, monocalcium phosphate, calcium sulfate), soybean lecithin, wheat gluten, salt, natural and artificial flavor, diacetyl tartaric acid esters of mono and diglycerides, color (fd&c red #3, fd&c red #40, beta carotene), confectioner's glaze, carnauba wax, polysorbate 60.