9 cups Rice Chex
1 bag butterscotch chips
1/2 cup peanut butter
1/4 cup butter
1 tsp vanilla
1 1/2 cups powdered sugar
Measure cereal into large bowl, set aside.
Microwave chips, peanut butter, and butter uncovered for 1 minute, stir. Microwave 30 seconds longer or until mixture can be stirred smooth. Stir in vanilla. Pour mixture over cereal, stirring until evenly coated.
Pour 1/2 of mix into ziploc bag. Add 1/2 powdered sugar and shake until evenly coated. Spread on wax paper to cool. Repeat with remaining 1/2.
Store in air tight container.