The spelling of "Alen on lace" may seem confusing at first, but it becomes clearer when broken down phonetically. The "a" in "Alen" is pronounced as the "ah" sound, while the "e" is pronounced as the "eh" sound. The "o" in "on" is pronounced as the short "o" sound, and the second "a" in "lace" is pronounced as the long "a" sound, like "layce". Therefore, the correct phonetic transcription of this word is /ˈɑlən ɑn leɪs/.