Ingredients

9 cups Chex cereal
1 cup semisweet chocolate chips
1/2 cup peanut butter
1/4 cup butter or margarine
1 tspn vanilla
1 ½  cups powdered sugar

Directions

1. In large bowl, measure cereal; set aside.

2. In 1-quart microwavable bowl, microwave chocolate chips, peanut butter and butter uncovered on High until mixture can be stirred smooth.

3. Stir in vanilla.

4. Pour mixture over cereal, stirring until evenly coated. Pour into 2-gallon resealable food-storage plastic bag.

5. Add powdered sugar. Seal bag; shake until well coated. Enjoy!