1 c semi-sweet chocolate chips
1/2 c peanut butter
1/4 c margarine
1 t vanilla
1 1/2 c powdered sugar
Measure out cereal in large bowl. Melt chocolate, peanut butter, and butter in microwave on high for 1 minute. Stir vanilla in chocolate mixture after out of the microwave. Pour chocolate mixture over chex cereal and coat evenly. Place half of the powdered sugar in a zip lock bag, then add the chex mixture in zip lock bag and then put the other half of powdered sugar on top of the chex in the zip lock bag and shake bag to evenly coat with powdered sugar.