A:
To shorten the answer I'll tell you what can be made with the materials available...
approx 10 dry fly size 12 hooks
approx 10 dry fly size 14 hooks
Plus materials to make 20 or so dry flies including flying ants, adams fly, or elk hair caddis
approx 10 wet nymph size 12 hooks
approx 10 wet nymph size 14 hooks
Plus materials to make 20 or so pheasant tail nymph or gold ribbed hares ear
approx 10 streamer/nymph size 6 hooks
Plus materials to make 10 wooly buggers.
all of the tools and a step by step dvd instruction video are included.
There are more than enough materials to make excess flies beyond the number of hooks if you purchase more hooks. This also depends on how much material is wasted while producing flies.
You may want to buy an extra bobbin or two and a bobbin threader (approx $10-15 more dollars) but its not necessary.
I'm impressed with the amount of materials enclosed. I found it to be more than what I anticipated.