1 (14 oz.) bag Kraft caramels
2 tbsp. butter
2 tbsp. water, cold
8 c. Rice Krispies

Microwave caramels, butter and water in 1 quart glass bowl on high 1 1/2 minutes or until smooth, stir every minute. Pour over cereal; toss until well coated. Press into greased 13 x 9 inch pan. Let stand until firm. Makes 5 dozen.

Conventional: Melt caramels with butter and water in heavy saucepan over low heat stirring until smooth. Continue as directed.