| 1. | PLACE party mix or cereal into large bowl. |
| 2. | MICROWAVE shortening, chocolate chips and peanut butter in microwave-safe bowl on MEDIUM (50% power), checking at 1 minute intervals until melted. |
| 3. | REMOVE mixture from microwave; stir in vanilla. |
| 4. | POUR over cereal; mix until well coated. Place powdered sugar in plastic resealable food storage bag. Add coated cereal; toss to coat well. |
| 5. | SPREAD onto sheet of wax paper to cool. When cool, pick up with hands and store in airtight container. Refrigerate. Discard excess sugar. |