The correct spelling of the phrase "wast on feet" is actually "waist on feet". The word "waist" refers to the part of the body between the ribs and the hips, while "feet" refers to the lower extremities. The phonetic transcription for "waist" is /weɪst/, which sounds like "wayst". Similarly, "feet" is transcribed as /fit/, which rhymes with "heat". It's important to pay attention to spelling and pronunciation to effectively communicate our thoughts and ideas.