The products are sodium acetate and ammonia.
The reaction is the basic hydrolysis of an amide.
Hydroxide ion attacks the carbonyl to give a tetrahedral intermediate.
Expulsion of an amide ion gives a carboxylic acid which, in the basic medium, is deprotonated quickly to give a carboxylate ion and ammonia.
The overall equation for the reaction is
##underbrace(“CH”_3″CONH”_2)_color(red)(“acetamide”) + “NaOH” → underbrace(“CH”_3″COONa”)_color(red)(“sodium acetate”) + “NH”_3##