Caramel Marshmallow Apples

14 ounces caramels
1 cup miniature marshmallows
1 tablespoon water
5 or 6 small apples
Wooden skewers

Line baking sheet with buttered wax paper; set aside.

Combine caramels, marshmallows and water in medium saucepan. Cook over medium heat, stirring constantly, until caramels melt. Cool slightly while preparing apples.

Rinse and dry apples. Insert skewers into apples. Dip each apple into caramel mixture, coating apples. Place on prepared sheet. Refrigerate until firm.

For variety, roll apples in crushed peanuts or drizzle with melted chocolate.