In large bowl, beat cake mix, buttermilk, oil, eggs, cocoa and food color with electric mixer on medium speed 2 minutes, until smooth.
Pour into pan.
Bake 25 to 30 minutes or until toothpick inserted in center comes out clean.
Cool completely in pan on cooling rack.
Line cookie sheet with waxed paper.
Crumble cake into large bowl.
Add frosting; mix well.
Shape into 45 (1¼-inch) balls.
Place on cookie sheet; freeze 15 minutes.
Transfer to refrigerator.
Dip half of balls in melted green candy and other half in melted red candy; tap off excess.
Return to cookie sheet; let stand until set, about 30 minutes.
Spoon melted white candy into resealable food-storage plastic bag; cut off tiny corner of bag.
Pipe designs on cake balls; let stand until set.
Gently press 1 cereal piece on top of each cake ball, attaching with white candy.
Pipe dot of candy on cereal piece; attach another cereal piece upright in center for ornament hook.
Notes / Tips / Wine Advice:
Festive Touch
Fill a decorative bowl or platter with these creative cake balls, and use it as a centerpiece for your holiday table. Your guests will delight in being able to eat them! Packaged in a small box, they also make a cute edible gift.Use other colors of candy melts to change the look of these balls, like we did for the cover of the book.