This is a great gift for neighbors. You can make a big batch, it looks great in the gift jar and is delicious!!
1-1/2 cups powdered sugar
1/2 tsp. ground nutmeg
8 cups corn or rice square cereal
1 cup white baking pieces
1/2 cup smooth peanut butter
1/4 cup butter
1/4 tsp. vanilla
1-1/2 cups cashews
1-1/3 cups dried cranberries
2. In a medium saucepan combine white baking pieces, peanute butter, and butter. Stir over low heat until melted and smooth. Remove from heat. Stir in vanilla.
3. Pour butter mixture over cereal mixture; carefully stir until cereal is evenly coated. Cool slightly. Add cereal mixture, half at a time, to powdered sugar mixture in bag and shake to coat. Add nuts and fruit. Shake until combined. Pour into shallow baking pan lined with waxed paper to cool. Store in an airtight container up to 2 days. Makes about 14 cups.
Kids Version: Prepare as above, except substitute 1/4 cup unsweetened cocoa powder for the nutmeg; peanuts for the cashews; and dried raisins for the dried cranberries. You can even throw in some M&M's or Recees Pieces.