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In a sauce pan over low heat melt 1 Tbsp. Butter and then add half of the Marshmallows. Stir frequently and add 10 drops of food coloring to start. Add additional food coloring until desired color is achieved.
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Slowly add 3 cups of the Krispy Rice to the pan over low heat and stir to coat.
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Remove from heat and let cool until you can comfortably handle it. Oil or spray your hands so the mixture won’t stick. Make 3 inch balls rolling the mixture between your hands. Place on waxed paper.
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While the ornaments are still sticky top with a Rolo.
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Repeat the process for the other color.
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Serve or store in an airtight container.