Coconut-Cream Cheese Frosting
4 tbsp butter or margarine
2 cups flaked coconut
8 oz. cream cheese, softened
2 tsp milk
3 1/2 cups sifted confectioners sugar
1/2 tsp vanilla extract
Melt 2 tablespoons of the butter in skillet.
Add coconut; stir constantly over low heat until golden brown.
Spread coconut on absorbent paper to cool.
Cream remaining 2 tablespoons butter with cream cheese.
Add milk and sugar alternately, beating well.
Add vanilla extract.
Stir in 1 3/4 cups of the coconut.
Spread on tops and sides of cake layers.
Sprinkle with remaining coconut.