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1. Place candy coating in a microwave-safe bowl. Microwave on 100 percent power (high) about 1-1/2 minutes or until melted, stirring once. Add shortening, stirring until melted. Let stand for 1 minute to cool slightly. Transfer mixture to a heavy resealable plastic bag. Snip off a very small piece from one corner of the bag. Carefully pipe 1- to 1-1/2-inch cursive letters on a sheet of foil or waxed paper for the large letters of the monogram. Pipe 3/4-inch cursive letters for the small letters of the monogram, placing the letters very close together so they touch. Let stand until set.
2. If desired, tint Butter Frosting desired color(s) with food coloring.** Place in disposable pastry bag(s) fitted with extra-large tip(s). Pipe a very large swirl on top of each cupcake, covering the top.
3. To decorate, place a monogram on each cupcake. Makes 24 (2-1/2-inch) cupcakes.
1. In a very large mixing bowl beat butter with an electric mixer on medium speed until smooth. Gradually add 2 cups of the powdered sugar, beating well. Slowly bean in milk and vanilla. Gradually beat in additional powdered sugar. Beat in additional milk until frosting reaches a spreading consistency. If desired, tint with food coloring. Makes about 4-1/2 cups.