Preheat oven to 350⁰F (175⁰C).
Combine flour, sugar, baking powder and salt, cut in margarine until mixture resembles coarse crumbs.
Beat together 1 egg and milk and stir into dry ingredients.
Turn dough out onto a floured surface and knead lightly about 8-10 times.
Roll out dough into a rectangle about 1/4″ thick. Brush with beaten egg, sprinkle with sugar and glazed cherries and roll up like a jelly roll starting from the long side.
Cut into 1 and 1/2″ slices. Place slices cut side down into muffin pans.
Bake 25-30 minutes.