Continuity mistake: When Joe is walking in NY for the first time, his hat goes from being pushed on the back of his head to on top several times.
Continuity mistake: When Ratso finishes heating a meal he tells Joe on his bed reading a comic, to sit at the table and eat because it is hot. Joe gets up and puts his right hand on the chair - in his left hand is the comic he's reading. But in the next shot as he rests on the seat his left hand touches the table and his right hand now holds the comic.
Answer: Coconut.
No, we see them trying to break the coconut (and failed miserably) after Ratso made that dish (and it looks like some kind of stew, probably made from the tomato we saw them steal at the same time they stole the coconut, and green peppers).