Al Sharpton said this one on MSNBC’s Morning Joe. It is a nice mashup of “all that and a bag of chips” (something very special) and “bowl of cherries” (very pleasant, wonderful). This one is close to a congruent conflation as both idioms refer to something positive. Sharpton might have been thinking about that ubiquitous bowl of potato or tortilla chips parked on the cocktail table for Sunday football.
The phrase “all that and a bag of chips” appears to be new slang, with origins perhaps as recent as the 90s. The phrase is credited to Subway, where initially a bag of chips was included in the price, so you got “all that and a bag of chips.” A big shout out to Mike Kovacs who heard this one and texted it in.