Product sorting on price taking the highest variant

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Hi, I wanted to understand how the sorting functionality works on Shopify for products with multiple variants. I was under the assumption it will take the first variant by default but seems like it takes the maximum amount from all the variants for sorting. 

The same behavior can be seen on the Shopify admin page too. On any collection, if you select the sort by price for the product list section it takes the maximum variant price.    

Is there a way to change this behavior in the theme and admin panel too?