Hot Fudge Sundae Cupcakes

Name: Hot Fudge Sundae Cupcakes
Prep time: 1 h
Cook time: 20 min
Total time: 1 h 20 min
Cuisine: American
Ingredients: 1/2 cup unsweetened cocoa powder; 1/2 cup hot water; 2 1/4 cups all-purpose flour*; 1 2/3 cups Dixie Crystals Extra Fine Granulated Sugar; 3/4 teaspoon baking soda; 3/4 teaspoon baking powder; 1 teaspoon salt; 1 cup vegetable oil; 3 eggs, room temperature; 1 tablespoon vanilla extract; 1/2 cup butter, softened; 1/2 cup shortening; 4 cups powdered sugar; 3 tbsp milk; 1 tsp vanilla extract; 2 cups high quality chocolate; 3/4 cup heavy whipping cream; Sprinkles; Red Pretzel M&Ms (for the cherry on top)