Can I sub in olive oil in place of margarine for a biscuit doughnut recipe?

I'm planning on making this canned biscuit cinnamon sugar doughnut recipe but it calls for margarine for the coating and I want to use olive oil to make it healthier, but if I do will it ruin the overall taste of the doughnuts?

 

Here are a list of the ingredients. PLEASE feel free to add in what you think would be healthier alternatives for ANY of the below ingredients that also wouldn't compromise the taste of the cinnamon sugar doughnuts. Thanks :)!

• 1 stick margarine

• 1 ten count can Texas style biscuits

• 1 Cup Sugar

• 1½ Tablespoon cinnamon

• Vegetable Oil For Frying

submitted by /u/WeightGain92
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