Mix all of the above ingredients except the water in a medium sized pot.
Mix in 2 cups water.
Cook over a low heat stirring constantly until it turns into Play Dough.
It will take a few minutes to thicken and turn into dough.
Allow to cool for a few minutes.
Lightly flour the counter top or other work surface.
Turn out the playdough and kneed until smooth.
Divide dough into 4 (or more) if desired.
Place about 7 drops of food coloring in the center of a piece of dough. ( You can add more or less if desired.)
Use your hands to fold the dough over and work the color into it.
Store dough in sealable containers. Which I have a ton of from lunch meat. If you don't have any empty containers, store in a ziploc.
You could scent the playdough by adding essential oils. These also make great little gifts. Put the playdough in a cute little container. Or you could even give a small amount as a party favor in little bags tied up with ribbon. The possibilities are endless.