Sift or just thoroughly stir together flour, baking soda and powder, and salt.
With an electric mixer, beat together shortening, sugars, eggs, and vanilla until light and fluffy.
Add the flour mixture and stir until blended, then stir in oats, cereal, chips, and coconut.
Drop rounded tablespoons of batter 2 ½ inches apart on parchment lined baking sheets.
Bake cookies, 1 sheet at a time, in middle of oven until golden brown, 15 to 18 minutes. Cool cookies on sheets 1 minute, then transfer to a rack to cool completely.