MP3 ripping question

I have some CDs ripped in wav form, but not in individual tracks. It's one 700mb wav for each cd, with a .cue file used to seperate the tracks. I loaded up the cue file on Alcohol 120% and it works fine, like a normal CD. The thing is though, I don't want to always listen to a cd from beginning to end, especially if I can't see where one track ends and another starts, not to mention they're huge. So does anyone know if there is any way to rip it to mp3s without having to individually chop the wav file into smaller wavs and turn those into mp3s? I don't want to chop it up because I'm sure that even if I get the track lengths down, the track silence and other factors will make them less accurate as far as the track length goes. I've already tried loading it up on Alcohol and ripping it from CDex, but the virtual drive didn't show up on the drop down box :-(.