2 (16 oz.) cans peaches, sliced
3/4 c. Bisquick
1/2 c. quick oats
1/2 c. packed brown sugar
3 tbsp. butter, softened
1/2 tsp. cinnamon
1/4 tsp. nutmeg (optional)

Arrange peaches in a square microwave dish (8 x 8 inch). Mix remaining ingredients until crumbly; sprinkle over peaches. Microwave uncovered on high (100 percent) 6 minutes; rotate dish 1/2 turn. Microwave uncovered 4 to 6 minutes longer until peaches are tender. Serve with ice cream or whipped cream. Serves 6.