1 stick butter
1/2 c. peanut butter
12 oz. chocolate chips
9 c. Chex cereal (oat or wheat)
Powdered sugar (1 to 2 c.)

Melt butter, peanut butter and chocolate together. Add 9 cups Chex cereal and stir to coat. Then put cereal mixture into large plastic bag containing confectioners' sugar. (Do no more than half at a time.) Shake to coat, then remove to cookie sheet until sets. Looks like real puppy chow but tastes better!