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Cook bacon until crisp. Drain; crumble and set aside. Place oil in skillet; heat over medium-high heat until oil is warm. Add green pepper and onion, sauté until vegetables are tender. Cut biscuits in fourths and place in large mixing bowl. Add sautéed vegetables, crisp bacon, margarine and cheese; toss until thoroughly mixed. Place in a 10-inch tube pan coated with a vegetable cooking spray. Bake in a 350 degree oven for 30 minutes. Immediately invert onto large serving plate.
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