Well first you must convert the fraction to a decimal if converting to MM and visa versa once you've converted your metric measurement to decimal.
So to answer your question.
1/4" = .250 decimal. .250 X 25.4 = 6.35mm or if you're looking for the next closet socket or wrench 7mm
1-1/4" would be 1.250. So that would equal 31.75mm
8mm = .315 and converted to fraction is just smaller then 5/16 or what socket or wrench would fit is a 21/64
27mm = 1.063"
OR if you wanna cheat and not do the math or have some bonehead like me answer your question you can go here and print one for your shop wall. I got several cheat conversion charts in my machine area
http://mdmetric.com/tech/cvtcht.htm