9 cups of your favorite CHEX (Corn, Rice and /or Wheat)

1 cup semi-sweet chocolate chips

1/2 cup peanut butter

1/4 cup margarine or butter

1 teaspoon vanilla extract

1 1/2 cups powdered sugar

A. Pour cereals into large bowl; set aside.

B. In 1-quart microwave-safe bowl, combine chocolate chips, peanut butter and margarine. Microwave on high 1 to 1 1/2 minutes or until smooth, stirring after 1 minute. Stir in Vanilla.

C. Pour chocolate mixture over cereals, stirring until all pieces are evenly coated. Pour cereal mixture into a large, resealable bag with powdered sugar. Seal securely, and shake until all pieces are well coated. Spread on waxed paper to cool.

Note: using a 700 watt microwave