PREHEAT oven to 325° F.
MIX cookie dough and food coloring in medium bowl. Fill cookie press with dough following manufacturer's directions. Press dough onto baking sheets.* Sprinkle with candies and sprinkles.
BAKE for 8 to 10 minutes or until very light golden brown around edges. Cool on baking sheets for 2 minutes; remove to wire racks to cool completely.
* If dough becomes too soft, refrigerate for about five minutes or until slightly firm.