2 cans (16 ounces each) sliced peaches, drained
3/4 cup Bisquick baking mix
1/2 cup quick cooking oats
1/2 cup packed brown sugar
3 tablespoons margarine or butter, softened
1/2 teaspoon ground cinnamon
1/4 teaspoon ground nutmeg
Arrange peaches in square microwavable dish, 8x8x2 inches. Mix remaining ingredients until crumbly; sprinkle over peaches. Microwave uncovered on high (100%) 6 minutes; rotate dish 1/2 turn. Microwave uncovered until peaches are tender, 4 to 6 minutes longer. Serve with ice cream or whipped cream if desired.
Makes 6 servings.