Frozen Banana Split

INGREDIENTS

• 1 (12.25-ounce) jar hot-fudge sauce
• 1 (10-ounce) jar maraschino cherries, drained and finely chopped
• 1 (8-ounce) container frozen nondairy whipped topping, thawed
• 1 (12.25-ounce) jar butterscotch ice-cream topping
• 6 medium bananas, peeled and thinly sliced
• 1 (8-ounce) package milk chocolate covered toffee bits, divided
• 24 (3.5-ounce) ice-cream sandwiches, unwrapped