Add one powdered sugar and cinnamon to large gallon Ziploc bag and shake. Set aside.

Add candy melts to microwave safe bowl and heat in microwave in 30 second increments until melted.

Add in caramel apple frosting and stir until well combined.

Add Chex cereal to large bowl, and pour candy melt mixture over cereal.

Pour candy melt mixture over Chex cereal and sir until coated.

Pour cereal into bag with powdered sugar and cinnamon and shake until coated well. Break up clumps as needed so all cereal gets coated properly.