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How can I calculate shipping for very light weight items?

If you have a product that weighs 1 ounce. This is the code you would have normally entered into Field 8: itemweight (optional, may be required by itemshipmethod):
0.0625


Now let's say you have to put that item in a well protected box for shipping. This box can hold 10 of your items and weighs 2.5 lbs. The new code you would enter would look like this:
0.0625=10#2.5:1:1:1


Now with the new code the following weights will be calculated:
QtyWeightNotes
12.5625A new box is created
22.6250 
...
93.0625 
103.1250 
115.6875A new box is created


As a final example. Lets say your product is a computer system. Complete with monitor, keyboard, mouse, and case. The monitor ships by itself but everything else has can be shipped with the case.
In this example the
1) Monitor box weighs 10 lbs and has the following dimensions 25x6x15
2) Computer + Keyboard + Mouse all fit into a 20 lb box with the dimensions of 24x24x14
10:25:6:15=20:24:24:14
 
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