I needed toasted coconut for a recipe recently and I couldn't find it in the store so I took it upon my self to make it. It was extremely easy and cheaper than buying it already toasted!
Just place the desired coconut onto a baking sheet. Place in oven at 325 degrees and bake for a bout 5-8 minutes. Watch the coconut, it will usually brown on the outside first so you may need to move it around on the tray to even it out. Happy baking!