Heat oven to 375°F.
Place melted margarine in small bowl.
In another small bowl, combine sugar and cinnamon; set aside.
Stir jelly until smooth.
Seal tip of large baster with foil.
Remove rubber bulb.Spoon jelly into baster; replace bulb.
Prepare and bake biscuits according to package directions.
Immediately dip each hot biscuit in melted margarine, coating all sides.
Roll in sugar mixture, heavily coating all sides of each biscuit.
Remove foil from tip of baster.
Insert baster in side of each biscuit; squeeze small amount of jelly into center.
(Refill baster as needed.) Serve warm or cold.