Snack mixes are always a party favorite. This makes plenty for any size crowd!
In large microwave-safe bowl, combine candy, peanut butter and butter. Microwave 1 minute at 50% Power; stir thoroughly. Continue to microwave and stir every 30 seconds until candy is smooth and melted. Stir in vanilla extract.
In second large bowl, place cereal squares. Stir in candy mixture; mix to coat completely. Place 1 cup confectioners’ sugar in each of two, large resealable food storage bags. Divide cereal mixture between bags. Seal; shake to coat. Cool completely. Store in airtight container.
Makes about 9 cups.