Coconut Crisps

Into top of double boiler measure marshmallows and butter. Heat over hot water, stirring occasionally, until smooth and blended. Remove from water. Add cereal, coconut; stir until they are well coated with marshmallow mixture. Turn into lightly greased 13x9x2-inch pan and, with moistened hands, press mixture evenly over bottom of pan. Cool. Cut into 1-1/2 inch squares. Top each with cherry bit.