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REMOVE cake from pan. Cut into pieces as shown in Diagram 1, using 2-inch round cookie cutter to cut piece for the baby's head. Arrange on tray or large platter as shown in Diagram 2. Click here for Diagrams.
BEAT cream cheese, butter, sugar and vanilla with mixer until blended; spread onto cake.
MIX food coloring and water. Add to coconut in medium bowl; toss to evenly tint coconut. Sprinkle over cake. Decorate with candies as shown in photo.