Total Calories: 449
Pour water over oats; cover and let stand 20 minutes. Beat margarine until creamy; gradually add sugars and beat until fluffy. Blend in vanilla and eggs. Add oat mixture; mix well. Sift together flour, baking soda, salt, cinnamon and nutmeg; add to margarine mixture. Mix well. Pour batter into a well greased and floured 9"x9" baking pan. Bake at 350 degrees for 50 to 55 minutes, until a toothpick inserted near center comes out clean. Spread frosting on hot cake; broil until frosting is bubbly.
Combine all ingredients; mix well.
Tip: To make sure that a frosted cake stays its prettiest, refrigerate it for one hour before slicing…it’ll give the frosting time to firm up.
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