I've done this before without the V carving. You can just draw line vectors and offset. What you need to do is draw a line where you want the miter to begin then offset it the cut depth you want or can achieve with the v bit. Say it's .5" The line that was created with the offset's cut depth would be .5" for example. Next offset you can set at 1". Keep in mind pass depth when you do this as well. Each offset will double the depth @ 90 Deg.
I don't always indulge in evil scientific research...but when i do. I make the parts on a ShopBot.