1 stick butter
3/4 cup creamy peanut butter
3/4 cup chocolate chips
5 cups Rice Chex cereal
1 cup powdered sugar

Melt butter, chocolate chips, and peanut butter. Pour over cereal, stirring and making sure everything is completely coated. Pour the powdered sugar in a large brown paper bag and add the chocolate coated cereal. With more room to shake, it’s easier to coat the cereal well and less of a chocolate mess in the bowl.