1. Heat oil in 10-inch nonstick skillet over medium-high heat. Cook bacon 1 minute. Stir in potatoes, French Fried Onions and cheese. Cook 8 minutes or until lightly browned on bottom.
2. Loosen mixture and gently invert onto large serving platter. Return to skillet and cook 6 minutes or until browned.
3. Remove to serving platter. Season to taste with salt and pepper. If desired, serve with dollop of applesauce or sour cream on the side.
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