YES BUT the word in the dictionary spelled "funicle" is pronounced "FYOO-nick-l". Y'all don't pronounce it that way when you sing it, do you?

Doesn't "funnical" do a better job of representing how the word in the song is pronounced?

I don't think I've ever heard anyone sing the version that has "funicle" in it. I've been assuming it's pronounced "funnical."