1 c. peanut butter
1 c. chocolate chips
1 stick butter

Melt above ingredients together in a pan until smooth. Pour mixture over a 13 ounce box of Crispix cereal. Stir until coated. Put 2 1/2 cups powdered sugar into a paper bag. Pour in coated cereal and shake well. Take "Puppy Chow" out of the bag and it's ready to serve.