Quarter the biscuits with kitchen shears. Dip shears in water after each cut to keep the biscuits from getting too sticky. Dip biscuits into sugar mixture, and place in a greased tube pan. Do this until all biscuits are used.
Melt butter or margarine, and mix in 3/4 cup sugar. Pour mixture over biscuits.
Bake in a preheated 350 degree F (175 degrees C) oven for 30 to 35 minutes.