Using the following information to answer the given question

$\begin{array}{c|c} Post & Grade & \text{Number in post} & Rate \\ \hline \text{Chief Accountant} & 15 & 1 & N371,748\\ \text{Asst, Chief Accountant} & 14 & 2 & N301,452\\ \text{Principal Accountant} & 12 & 4 & N243,732\\ \text{Accountant} & 7 & 6 & N113,632\\ \text{Clerk} & 3 & 10 & N54,166\end{array}$

Additional information:
(a) All employees are on the first step of their

(b) Allowances

$\begin{array}{c|c} \text{Grade Level} & \text{Transport Allowance} & \text{Housing Allowance} & \text{Responsibility Allowance} \\ \hline \text{12 and above} & \text{N24,000 per annum} & \text {N120,000 per annum} & \text{N30,000 per annum} \\ \text{1 to 7} & \text{N13,200 per annum} & \text{N48,000 per annum} & - \end{array}$

The total basic salary for the year was

Similar Questions

The factory cost of producing goods is made up of ...

One of the items on the credit column of a trial balance is ...

Which of the following is used before the appropriation bill is approved? ...

The item on the credit side of the trading account is the? ...

The founders of a company are? ...

The summary of receipts and payments account represent? ...

The two accounts that are normally opened in the head office when goods are transferred to a branch ...

Which of the following is not a source of revenue for local government? ...

What is the main purpose of transaction file? ...

Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch What is ...