Makes about 24 1/2 cup margarine 1/2 cup peanut butter 1/2 cup sugar 1/2 cup brown sugar 1 egg 1 1/2 cups flour 1/2 teaspoon baking powder 3/4 teaspoon baking soda 1/4 teaspoon salt 24 Rollo candies granulated sugar Preheat oven to 375F. Cream together margarine, peanut butter, egg and sugars. Sift together flour, baking powder, soda and salt. Gradually add dry ingredients to margarine mixture and mix well. Roll dough into balls. Place one chocolate-covered caramel drop in center of each ball. Roll each ball in granulated sugar and place on a lightly greased baking sheet. Bake 10 minutes.