In a large bowl, combine cereal, apricots, raisins and peanuts. In a microwave safe 13" x 9" pan or dish, melt butter and marshmallows on high for 2 minutes. Stir; add peanut butter cook on high 2 minutes longer. Stir until well blended, add cereal mixture to dish and toss until well coated.

 

Working quickly with greased hand, form into balls, using about 1/2 cup mixture, per ball. If mixture begins to harden, cook on high for 30 seconds, or until softened.

 

If desired, mixture may be spread in unbuttered 13" x 9" dish and cooled and cut into bars.

 

Makes 1 dozen balls or 2 dozen bars.