Step 1

Line cookie sheet with parchment paper or wax paper. In a large bowl, cream together peanut butter, butter, and powdered sugar. Stir in cereal until well combined.

Step 2

Shape into balls, place on a cookie sheet, and chill for at least 30 minutes. In a large microwave-safe bowl, add chocolate chips and shortening.

Step 3

Heat for 1 minute and stir, then continue heating for 20-30 seconds and stirring after each interval until chocolate is almost melted. Stir until completely smooth. Dip balls into chocolate and place on a cookie sheet until firm.

Step 4

Store in an airtight container in the refrigerator for several days or in the freezer for several weeks.