Heat oven to 350°F. Bake biscuits as directed on can.
Meanwhile, in medium bowl, place melted butter. In another medium bowl, mix sugar and cinnamon. Place jam in 1-quart resealable food-storage plastic bag.
Immediately dip each hot biscuit in butter, coating all sides. Roll in sugar mixture, heavily coating all sides. Insert handle of wooden spoon in side of each biscuit to center of biscuit. Cut corner off plastic bag; squeeze 1 tablespoon jam into center of each biscuit. Serve warm.