1 stick butter
1/2 c. creamy peanut butter
1 c. milk chocolate chips
7 c. Rice Chex cereal
3 c. powdered sugar

Melt butter, peanut butter and chips in a big pan. Add Rice Chex. Mix well. Put 3 cups powdered sugar in bag. Add Chex and shake well. (Shake until well coated with sugar.) Keep in freezer and take out as needed.