well i use a flash meter, and meter both at the same time.
But in your case if you don't have one. If you set up flash 1 to be F8 and flash 2 to be F8. Then combined they have double the light, which is 1 more stop. So you'll end up with F11. Where it gets confusing is when adding different powered flashes.
such as:
flash 1: F8
flash 2: F5.6
that's 1 full power + 1/2 power = F8 + 1/2 stop = F9.5
if you had:
Flash 1: F8
Flash 2: F4
That's 1 full power + 1/4 power = F8 + 1/4 stop = F8.6 or F8.9 (basically still F8)
The Fstop table here is helpful:
www.riversidecardiology.com/fstop/f-stop.htm