1. (8 points) The calculation result of the expression $101 \times 2012 \times 121 \div 1111 \div 503$ is
【Solution】Solve: $101 \times 2012 \times 121 \div 1111 \div 503$
$$
\begin{array}{l}
=101 \times 2012 \times 121 \div(11 \times 101) \div 503 \\
=101 \times 2012 \times 121 \div 11 \div 101 \div 503 \\
=(101 \div 101) \times(2012 \div 503) \times(121 \div 11) \\
=1 \times 4 \times 11 \\
=44 .
\end{array}
$$

Therefore, the answer is: 44.