That won't work, thats the "fits all" "muscle car" bellhousing that's being repopped. You'll need to find one out of a '78, most likely from a El Camino or GMC Carballero. Only the SBC 350 had the 11" clutch that year. Odds are you'll be using the 10.4"/153 tooth set up. Here's a pic of the 462606 10.4" clutch bellhousing with correct fork that will work with all '78-'81 A/G bellhousings. Even look at the ball stud on the left side, that's the correct position for our cars only.
View attachment 189245
Now there is a way to use the 11"/168 tooth bellhousing but you'll have to go with a hydraulic throw out bearing conversion & get the correct adapter/reinforcement firewall bracket.