1/4 cup (50 ml) margarine or butteer
4 oz (125 g) cream cheese
1 teaspoon (5 ml) vanilla
2 cups icing sugar
1 Tablespoon milk or water (if needed)
Cream together margarine and cream cheese. Add vanilla. Mix in icing sugar. Add water or milk if needed to make a smooth, creamy, spreadable frosting.
Should be enough for a 9" cake.