Better Homes and Gardens ?? Chopper Cutter Pill Slicer Advertising Novelty

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Better Homes and Gardens ?? Chopper Cutter Pill Slicer Advertising Novelty

Not sure what this gadget is or what it is intended to do other than to cut, slice. What I am not sure?? It has a tray that it fits in when not in use

I purchased it at an estate sale so I do not know the age or history of this item but it is in excellent condition.