The phrase "wast out of" is a colloquialism that means "was out of". It is commonly used in informal speech, but it is not standard English. The spelling may vary depending on regional dialects, but the correct way to spell it is "was out of". The pronunciation in IPA is /wɑz aʊt ɒv/. It is important to use proper grammar and spelling in formal writing and communication, but in casual conversations, colloquialisms like "wast out of" are acceptable.