A free program for Android, by musicoccean.

MP3 Cutter, Audio Maker & Merger is an application that is designed to cut audio from videos, so you can get your favorite music from a song and make a ringtone or notification for your phone. The best thing is that this application is very easy to use and you don’t have to go through any complex steps to get it installed. The installation process is very easy and you don’t need to know anything about the installation of the app.

After you install the application you will be able to choose the video and audio from the list that is available on your phone. The audio that you will get from this application is of high quality and you can also set it as a ringtone for every contact on your phone.