Puppy Chow

1 box chex cereal
1 bag semi-sweet chocolate chips
¾ cup peanut butter
6 tbsp. butter or margarine
1 ½ tsp vanilla
2 ¼ cups powdered sugar

1. Pour cereal into a large bowl.

2. In a 1-quart microwavable bowl, microwave chocolate chips, peanut butter, and butter uncoverd on high for 1 minute; stir. Microwave for about 30 seconds longer or until mixture can be stirred smooth. Stir in vanilla. Pour mixture over cereal, stirring until evenly coated. Pour into 2-gallon esealable food-storage plastic bag.

3. Add powdered sugar. Seal bag; shake until well coated. Spread on waxed paper to cool. Store it in an airtight container in the refrigerator.