In large mixing bowl, combine all ingredients except dried fruit (banana chips and raisins, cherries and apricots) and M&M's. Mix well.
Spread evenly in an aluminum foil-lined baking sheet. Spray foil with cooking spray (makes for easy clean-up).
Bake at 300°F for 55 to 60 minutes, stirring every 15 minutes (I like to leave some large clumps and break apart when cool). Note: Check at 40 minutes. Sometimes it's done. It will harden when cooled.
Remove from oven. I like to immediately remove trail mix onto another pan or cookie sheet to cool.
When warm, stir in banana chips, raisins, cherries and apricots.