-
Line a 13x9x2-inch pan with foil.
-
Place 1 cup peanut butter chips in medium bowl; set aside.
-
In a second medium bowl, blend 1/4 cup melted butter, cocoa and vanilla until smooth; add remaining 1 cup peanut butter chips.
-
In a heavy 4 quart saucepan, combine sugar, marshmallow cream, evaporated milk and 1/4 cup butter. Cook, stirring constantly over medium heat until mixture comes to a rolling boil. Cook and continue stirring 5 minutes.
-
Remove from heat. Immediately add half of hot mixture to bowl with peanut butter chips only. Pour remainder into cocoa mixture; stir to blend.
-
Beat peanut butter mixture until chips are completely melted, spread evenly in prepared pan.
-
Beat cocoa mixture until chips are melted and mixture thickens. Spread evenly over top of peanut butter layer.
-
Cool; remove from pan. Remove foil; cut into squares. Store in airtight container in a cool dry place.