White Fudge Enrobed Bavarian-Style Pretzels

White confectioners coating (sugar, fractionated palm kernel oil, whey, nonfat milk, soy lecithin, monoglycerides, titanium dioxide [color], artificial and natural flavors), pretzel (enriched wheat flour [wheat flour, niacin, reduced iron, thiamin mononitrate, riboflavin, folic acid], vegetable oil [canola, corn, cottonseed and/or soybean], salt, malt, yeast), candy sprinkles (sugar, corn starch, partially hydrogenated vegetable oil [cottonseed and/or soybean], soy lecithin, dextrin, confectioner's glaze, yellow 5 lake, blue 1 lake, yellow 6 lake, natural and artificial flavor, carnauba wax).