Melt peanut butter, butter and chocolate chips together.
Stir in cereal.
Put powdered sugar in a paper sack. Put cereal mixture in and shake until well coated.
Nutrition Info Per Serving: Calories 484 Total Fat 25 g Cholesterol 25 mg Sodium 251 mg Potassium 110 mg Total Carbohydrate 63 g Dietary Fiber 1 g Sugars 46 g Protein 5 g