This piece represents an interesting look into the painting of the Super Powers line. It is called a paintmaster, which serves to show exactly which portions of the figure are painted a certain color. The three paint swatches that accompany the piece represent thee three colors to be used on the figure: yellow for the belt, blue for the gloves, boots, and cowl, and flesh for the face. Notice there is no grey swatch since the figure would actually be cast in grey plastic so there was no need to paint it.
Here is a close-up of the figure itself. Another interesting aspect of this piece is that it is a handpainted internal first shot. This means the piece was cast from low yield molds in house at Kenner. Unfortunately old Bats is missing his cape, but is in very nice condition otherwise.