Step 1: Prepare the Dough

1. Preheat Oven: Preheat your oven to 350°F (175°C) and line a baking sheet with parchment paper.
2. Cream Butter and Sugar: In a large bowl, use a hand mixer or stand mixer to cream together softened butter and granulated sugar until the mixture is light and fluffy.
3. Add Dry Ingredients: Gradually add the flour and baking powder to the creamed mixture, blending until just combined.
4. Incorporate Coconut: Fold in the toasted coconut, ensuring it is evenly distributed throughout the dough.

Step 2: Shape the Cookies

1. Portion the Dough: Scoop out small portions of dough (about 1 tablespoon each) and shape them into balls. Flatten slightly and use your thumb or a small bottle cap to create a hole in the center, forming a ring.
2. Place on Baking Sheet: Arrange the cookies on the prepared baking sheet, leaving about an inch of space between each.

Step 3: Bake the Cookies

1. Bake: Place the baking sheet in the preheated oven and bake for 10-12 minutes, or until the edges are lightly golden.
2. Cool Completely: Remove the cookies from the oven and allow them to cool completely on a wire rack before proceeding to the next step.

Step 4: Add Caramel and Chocolate

1. Drizzle with Caramel: Use a spoon to drizzle caramel sauce over the cooled cookies, allowing it to flow into the grooves and coat the tops.
2. Melt the Chocolate: In a microwave-safe bowl, melt the semi-sweet chocolate chips in 30-second intervals, stirring between each, until smooth and fully melted.
3. Drizzle with Chocolate: Use a fork or piping bag to drizzle the melted chocolate over the caramel layer.

Step 5: Finish with Coconut

1. Sprinkle Coconut: While the caramel and chocolate are still wet, sprinkle additional toasted coconut over the tops of the cookies for added texture and flavor.