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1. Place cereal in a large bowl.
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2. Melt chocolate chips and oil together and stir until smooth. (The peanut butter option is awesome, I just like to give an alternative for peanut-allergies.)
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3. Pour melted chocolate/oil over cereal and gently fold until coated.
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4. Put cake mix/brownie mix into a large plastic bag and dump cereal in on top. Then toss in sprinkles.
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5. Seal bag and shake, shake, shake until coated.
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6. Pour out onto a cookie sheet or wax paper to let cool.