12 oz. box Rice Chex
2/3 c. creamy peanut butter
12 oz. bag chocolate chips
1 stick butter
1 lb. powdered sugar

Melt together peanut butter, chips, and butters. Stir until smooth. Pour over Rice Chex. Stir until all is covered. Put powdered sugar in a clean brown bag. Pour into the chocolate covered Rice Chex. Close bag and shake until all is covered. Keep cool. Store in covered container. Makes a big batch.

NOTE: Nuts and pretzels may be added for part of Rice Chex if desired.