Nutty Puppy Chow

Ingredients (7)

• ✓ ½ cup butter
• + 1 (12 ounce) bag semisweet chocolate chips add to pantry
• ✓ 1 cup peanut butter
• ✓ 1 (16 ounce) jar roasted peanuts
• + 1 (12 ounce) package crispy corn and rice cereal (such as Crispix®) add to pantry
• + 1 cup raisins add to pantry
• + 4 cups confectioners' sugar, divided add to pantry