While the best part of this signature snack is certainly the taste, the second best aspect is how simple and adaptable the recipe is. Using apple cinnamon Chex cereal as the base, we’ve swapped out the peanut butter for caramel sauce to create a caramel apple variation so flavorful that it rivals the original.

1. To heat the butter, warm up a few inches of water in a saucepan over low heat. Place a glass bowl over top of the saucepan, and add 4 tablespoons of butter. Continue to stir until the butter liquifies.
   
2. Using this same indirect heating method, add 1 cup of chocolate chips to the butter. Continue to stir the chocolate as it begins to melt, paying close attention to the melting process so that you do not burn the chocolate. As soon as it melts, remove from the heat.
   
3. Add ¾ cup of caramel sauce to the melted chocolate, and stir to combined. The caramel should liquify from the heat of the chocolate to create a single fluid.
4. In a large mixing bowl, drizzle the melted chocolate-caramel mixture over the Chex. Use a wooden spoon to coat the cereal, but be careful not to crush the Chex in the process.
   
5. Evenly pour 1½ cups of powdered sugar into two large ziplock bags. Then divide the chocolatey cereal into each bag. Close up the ziplock bags, and shake until all of the cereal has been covered.
   
6. Empty the ziplock bags into a large serving bowl, and enjoy the caramel deliciousness of this treat. You can also store the puppy chow in an airtight container to keep it fresh for later!