Not just kids, but the Young Women in my ward (church) love this "Dog-gone" good snack! ;) They're also called MUDDY BUDDIES!
What you'll need: 1 bag milk chocolate chips, 1 cube butter, 1 cup creamy peanut butter, 1 box Rice Chex, 2-3 cups powdered sugar.
What you do:
Melt the chocolate, butter and peanut butter in a sauce pan on the stove or in the microwave. Pour over 1 box of Rice Chex (opened and in a large bowl, of course). Move mixture to a large bag or large ziploc bag. Pour powdered sugar in, put on some good music and SHAKE IT! If it's not covered enough to your liking just add more powdered sugar and SHAKE IT SOME MORE!