Heat butter and milk in small glass casserole in Radarange oven until mixture begins to simmer, about 1 minute.
Stir in dry frosting mix.
Heat 1 minute, stirring every 15 seconds.
For fudge, add 1/2 cup chopped nuts to chocolate mix; pour into greased 8 inch square glass pan.
Refrigerate 1 hour.
For wafers, drop by teaspoonsful onto waxed paper.
For clusters stir in 1 1/2 cups salted peanuts, drop by teaspoonsful on waxed paper.