Heat oven to 400°F. Lightly grease cookie sheets.
In small shallow bowl, combine sugar and cinnamon; mix well. Separate dough in 10 biscuits. Separate each biscuit into 3 to 4 layers. Dip each layer in melted margarine; coat both sides with cinnamon sugar mixture. Place 1 inch apart on greased cookie sheets.
Bake at 400°F. for 6 to 8 minutes or until golden brown. Serve warm.