https://www.milsurps.com/images/impo...12100000-1.jpg
I have made myself a trough out of PVC pipe and capped the ends.
I use a form of Ed's Red in it, mineral spirits, acteone, and Marvel Mystery Oil.
If a rifle is covered in cosmoline, I place the metal parts in this trough and let them soak. You can make one long enough to lay entire barrel down into. If you're going to try this, don't forget a valve to drain it.
As far as wood goes, I use lots of rags and citrus based cleaners that are safe for wood. On a C&R gun, the goal is to preserve as much of the original finish as possible. A day in the hot summer sun will sweat out a lot of cosmoline from wood.