Thanks in advance!! I am lost on this!!

http://cakecentral.com//gallery/1219596 or go to google and type mini graduation caps

http://www.flickr.com/photos/45310061@N07/5789614071/

I don't know how small you're looking for. I making these for cupcakes. I rolled about a 1 inch ball and cut them in half. Then stuck 1 inch squares on top. The tassel started as a strip of yellow 1/4 inch or so wide. I snipped the end for the tassel and then pinched and twisted the rest for the rope part. The button was cut with a number 3 frosting tip. The tassels stick out because I let them dry upside dwon so the top wouldn't sag. I figure the tassels will droop some with they sit on frosting for a while. HTH

I used a cupcake for one that went on top of a 6" square. It's in my gallery pics.