Instructions

  1. In large microwavable bowl, mix cereal, popcorn and peanuts. Set aside.
  2. In medium microwavable bowl, mix butter, brown sugar, corn syrup and vanilla. Microwave uncovered on High about 2 minutes or until mixture is boiling; stirring after 1 minute. Pour over cereal mixture, stirring until evenly coated.
  3. Microwave uncovered on High 4 to 5 minutes, stirring and scraping bowl after every minute.
  4. Spread on waxed paper until cooled, stirring occasionally to break up. Store in airtight container.