Heat oven to 350º Grease a 12-cup Bundt pan.
In a large plastic storage bag, mix sugar and cinnamon.
Separate dough into 16 biscuits, cut each into quarters. Shake biscuit pieces, a few at a time, in bag with the sugar and cinnamon mixture. Toss to coat. Stagger pieces in pan.
In small bowl, mix brown sugar and butter. Pour mixture over biscuit pieces in pan.
Bake 28 to 32 minutes or until golden brown. Cool in pan 10 minutes.
Turn upside on serving plate.
Make vanilla glaze:
Mix together confectioner's sugar, extract and milk until desired consistency.
Drizzle over easy peasy monkey bread while still warm.