Allow the oil to absorb into the wood for 2 - 4 hours, then wipe off excess oil with a paper towel or clean cloth. (hardwood-lumber.com)
I worked the dark wax into the detailing of the frame with a clean rag and then wiped off the excess wax. (funhomethings.com)
You don't have to let the clear wax dry first, no, but make sure you work in small sections, and wipe off excess immediately. (shadesofblueinteriors.com)