1 hour ago, by
t.b. $$\DeclareMathOperator{\Hom}{Hom}\begin{align*}\Hom{\left(\left(\bigoplus M_i \right) \otimes M, N\right)} &=\Hom{\left(\bigoplus M_i, \Hom{(M,N)}\right)} = \prod \Hom{(M_i,\Hom{(M,N)})} \\ & = \prod \Hom{(M_i \otimes M, N))} = \Hom{\left(\bigoplus (M_i \otimes M),N\right)}\end{align*}$$