Cheddar Pan Biscuits

1/3 c butter
2-1/4 c flour
½ c shredded cheddar cheese
1 Tbsp baking powder
1 Tbsp sugar
1 tsp dried basil leaves
½ tsp salt
1 c milk

Heat oven to 400°F. Melt butter in 8-inch square baking pan in oven (3 to 5 minutes). Meanwhile, combine all remaining ingredients except milk in medium bowl. Stir in milk just until moistened. Turn dough onto lightly floured surface; knead until smooth (1 minute). Pat or roll dough into 12x6-inch rectangle. Cut into 12 (1-inch) strips. Dip each strip into melted butter in pan; fold each strip in half. Place folded strips in 2 rows in same pan. Bake for 23 to 28 minutes or until lightly browned. Serve warm.