Preheat oven to 350 degrees F. Line a 13x9" baking pan with foil, extending the sides of the foil over the edges of the pan. Mist the foil liberally with cooking spray and set aside.
In the bowl of a stand mixer, cream together the butter and sugar until light and fluffy, about 2 minutes. Beat in the egg, vanilla extract and almond extract until combined. Lastly, beat in the baking powder, salt, and flour, adding the flour about a cup at a time, until a soft dough has formed.
Press the dough evenly into the baking pan. Bake for approx. 20-25 minutes or until light golden brown and center is set. Cool the bars completely in the pan.
Melt the caramels according to package directions, or until smooth. Stir in the toasted coconut, tossing to coat. Working very quickly, spread the caramel-coconut mixture on top of the sugar cookie bar base. Using your greased hands or a greased off-set spatula or spoon, spread the mixture to cover the entire base; you may have to press it out, but be gentle about it as to not crush the sugar cookie base beneath. Allow the caramel coconut layer to set, about 15 minutes.
Once the bars are set, lift the bars out using your foil handles and cut them into squares. Melt the CandiQuik according to package directions, until smooth. Dip the bottoms of the bars into the CandiQuik and place onto a wax-paper lined surface. Repeat with remaining bars. Pour the remaining CandiQuik into a resealable plastic bag, seal out the air, snip off a corner of the bag, and drizzle the remaining CandiQuik over top of the bars. Allow the CandiQuik to set, about 10 minutes, before serving.