Puppy Chow By Unknown Ingredients 3/4 C Peanut butter 1 C Chocolate chips 1/4 C Butter 8 C Crispix cereal (Chex Mix is ok) 2 C Powdered sugar Mix Together Melt peanut butter, chocolate chips and butter together. Pour over the cereal in a large kettle or bowl and mix well. Pour the powdered sugar into a large brown paper bag and add the coated cereal. Close the bag and shake well to coat evenly.