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Preheat oven to 325 degrees F.
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Grease and flour pan well.
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In large mixing bowl, combine sugar and butter and mix well.
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Add eggs, one at a time, mixing well after each one.
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Add remaining ingredients except jam and mix well, scraping bowl occasionally.
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Fill individual cups 2/3 full.
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Spoon half the jam (this recipe makes 2 batches) on top of the batter, dividing evenly between the cups.
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Gently swirl jam into the top of the batter, using the tip of a knife.
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Bake for 20-25 minutes or until toothpick inserted comes out clean; cool 10 minutes in pan; turn out and continue to cool.
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Bake second batch.
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Dust with powdered sugar if desired.