Plot
Bugs Bunny is reading a book about the Knights of the Round Table while having his ears washed, when an apple falls and hits him on the head and the washing equipment; it transports him back to the time of King Arthur. When he wakes up, he encounters a knight named Sir O of Kay, Earl of Watercress, who challenges him to a joust. While trying to lift a sword, Bugs trips the knight's horse, sending him flying into a castle tower.
Pursued by a fire-breathing dragon, Bugs defeats the creature with seltzer, causing him to cry and run away for losing his flame. Seeking refuge in another castle, Bugs encounters Merlin of Monroe, a supposed sorcerer. Merlin attempts to use "magic powder" to transform Bugs into a pig, but ends up being tricked when Bugs turns the tables on him by transforming him into a horse. Merlin tries to change himself back to normal by also unzipping, but ends up in the same horse appearance no matter how many times he tries hard to unzip the costume. To return to the present, Bugs tosses an apple to hit himself on the head. Successfully returning to his own time, Bugs encounters a farmer with a plowhorse resembling Merlin's transformed state. Dismissing the resemblance, Bugs continues on, only to be surprised when the farmer addresses the horse as "Merlin".
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