1 pkg (14 oz) Unwrapped Caramels 2 Tbsp Butter 2 Tbsp Water 6 cup Frosted Flakes Cereal
In a large pan, melt caramels, butter and water until smooth. Pour over cereal, tossing until well coated. Drop by teaspoon onto waxed paper. Cool completly. Store in a tightly covered container. Yields about 48 treats.
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