8cups cereal (Chex or Crispex, whatever you prefer)
1cup semi-sweet chocolate chips
1/2cup peanut butter
1/4cup butter
1 1/2cup powdered sugar (more or less as needed)
Instructions
In a microwave safe bowl, mix chocolate chips, peanut butter and butter.
Microwave uncovered on high for 1 minute. Stir. Microwave in thirty second increments until the mixture is smooth and creamy.
Line one clean plastic grocery inside another.
Measure 8 cups of cereal into the bag.
Pour chocolate mix over the cereal. Twist the bags closed and gently shake the bag to coat the cereal. Toss until the cereal is completely coated with chocolate.
Pour powdered sugar over the chocolate-coated cereal. Twist the bags closed and shake again until the cereal is covered with powdered sugar. Periodically open the bag and move cereal around to make sure all pieces of the cereal are covered.
Empty the cereal into an air tight container. Store in the refrigerator (or freezer). You can serve this puppy chow straight from the fridge or freezer.