Preheat oven to 350 degrees. Spray a 9x 13 baking pan with non stick Baking Spray. Sprinkle 1 cup coconut in bottom of 9 x 13. Sprinkle 1cup of chopped pecans over coconut.. Mix cake mix according to box directions and pour over coconut/pecans.
Melt 1 cube of Butter. In a mixing bowl beat cream cheese and butter till smooth. Slowly beat in powdered sugar until smooth. Drop mixture in dollops over cake mix. Do not mix.
Bake in oven 45 - 50 min. Until tooth pick comes out clean in the cake part. Cool on rack for 5 minutes , then invert onto serving plate and continue to cool. This cake is really good the first day and even better the next.