Preheat oven to 375 degrees. Place butter in bundt pan and place in the oven while preheating to melt the butter. When melted, swirl around to get all of the nooks and crannies.
In a large mixing bowl, toss chopped apples with lemon juice. Then add canned biscuit dough, each piece cut into fourths. Toss to combine.
In a separate small mixing bowl, stir together light brown sugar, cinnamon and nutmeg.
Remove bundt pan with melted butter from the oven. Add brown sugar mixture.
Top brown sugar mix with apple and biscuit mixture.
Bake for 20 mins, or until top is light brown and crispy.
While still hot and very carefully, fit a serving platter over the top of your cooking vessel and quickly invert. Tap the pie plate or bundt pan several times to the monkey bread loosens, then remove.
In a small mixing bowl, whisk together powdered sugar and milk or water until a drizzling consistency. After apple monkey bread has cooled slightly, drizzle with powdered sugar frosting. Serve immediately.
If you've tried this recipe, come back and let me know how it was!