Yes, many Woodworker's use this "chemical" for woodworking, its purpose is for "Grain and Color" enhancement, it is especially effective on Mahogany because of grain porosity, structure and color....
Because mahogany wood is what's known as a 'hard wood' from the centre of the tree. This makes it ideal for carousel horses as it can stand up to years of 'wear and tear' from people sitting on them.
Using " Has " is referred a past tense. Such as: He has taken the garbage out already. Using " Is " for example is referred a Present tense. Such as: He is taking out the garbage.