Century Fan Company manufactures ceiling fans. During the current year, payments were made for the following items. A new clerk classified the cost items. Are the cost items classified correctly? If not, give the correct classification and explain the reason for your corrected classification.

1. Wood to be used for fan blades. (Factory Overhead)

2. Insurance premium on the factory building. (Direct Materials)

3. Salary of factory workers assembling fans, (Factory Overhead)

4. Bolts used in assembling the fans. (Direct Materials)

5. Salary of factory supervisor. (Direct Labor)

6. Brooms used to sweep the factory floors. (Direct Materials)

7. Salary of packer who packs fan crates for shipping. (Direct Labor)

8. Paint and stain o be used on the fans. (Direct Materials)