12 oz. chocolate chips
1 c. smooth peanut butter
1/2 c. butter

Melt in pan together over low heat.

12 oz. Chex cereal (any except bran)
12 oz. Cheerios
Powdered sugar

Combine cereals and add to above mixture and coat well. Pour into large bag with powdered sugar and shake until coated well. Store in refrigerator.