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1. Stir together cereal, flour, baking powder, salt and sugar; set aside.2. In large mixing bowl stir together egg, milk and oil; beat well. Add flour mixture, stirring just until moistened. Gently stir in 1/2 cup chocolate morsels.3. Portion batter evenly into 12 greased 2 1/2-inch muffin-pan cups.4. Bake at 400°F for 18 minutes or until lightly browned.5. Melt remaining 1/2 cup chocolate morsels. Drizzle chocolate over muffins. If desired, garnish with dollop of whipped topping. Serve warm.