Easter Basket Treats

In small bowl combine water and food coloring. Place coconut in resealable plastic bag. Add food coloring mixture. Seal bag. Toss until coconut is tinted green. Transfer coconut to piece of wax paper to dry. Cut each licorice piece into two 4 1/2-inch lengths. Peel licorice pieces apart into sixteen 4 1/2-inch-long pieces. Set aside.

In large saucepan melt butter over low heat. Add marshmallows and stir until completely melted. Remove from heat.

Add KELLOGG'S RICE KRISPIES cereal. Stir until well coated.

Using 1/3-cup measuring cup coated with cooking spray divide warm cereal mixture into eighteen portions. Using buttered hands firmly press sixteen of the portions into 2 1/2-inch muffin-pan cups. Use the remaining two portions of cereal mixture to attach licorice pieces as basket handles. Cool completely.

Remove baskets from muffin-pan cups. Spread about 2 teaspoons frosting in each basket. Top with tinted coconut. Arrange 7 to 8 M&M's brand peanut chocolate candies in each basket. Best if served the same day. MICROWAVE DIRECTIONS: Follow step 1 above. In microwave-safe bowl heat butter and marshmallows on HIGH for 3 minutes, stirring after 2 minutes. Stir until smooth. Follow steps 3 through 5 above. Microwave cooking times may vary. Notes: For best results, use fresh marshmallows.

jar (7 oz.) marshmallow crme can be substituted for marshmallows. Diet, reduced calorie or tub margarine is not recommended. Store no more than two days at room temperature in airtight container.