Bake rolls following instructions on package. Place on rack to cool.
When cool, slice off tops and hollow out to make a small bowl.
Place butter in a saucepan and melt. Add 40 marshmallows and continue cooking on low until completely melted*. Add graham crackers and combine well. Quickly fill each hollowed out roll with the marshmallow filling while it is warm (over fill just a little). Replace the roll tops.
Frost each one with chocolate frosting and cover with chocolate sprinkles. To make the eyes, cut slices off of a marshmallow, using a hot, wet, sharp knife. Add M&M’s to each eye and one for a nose. Make holes with a wooden skewer where legs attach and poke in the licorice pieces.
*Can be melted in the microwave using a large microwave safe bowl. Use 20 second intervals until completely melted and then add your graham cracker crumbs.